One Stop Midlands Park
488A, Jalan Burma, 10350 George Town, Pulau Pinang, Malaysia
488A, Jalan Burma, 10350 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 7
|
RM 1,010,000
|
RM 88
|
11,496 sqft
|
|
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Market Snapshot
CommercialRM 680,000
RM 172 psfMedian transaction price
488A, Jalan Burma, 10350 George Town, Pulau Pinang, Malaysia
MapsOne Stop Midlands Park in Timur Laut, Penang recorded 2 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM 680K and a median price per square foot (PSF) of RM 172.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 350K to RM 1.01 million, and a typical market range of RM 550K to RM 810K.
Within the Office Lot category, shop unit/retail lot dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 172, though individual units vary from RM 88 to RM 256 in the core range. The broader market spans RM 124.44 to RM 219.44, indicating diverse property characteristics. A wider spread (IQR: RM 95.00) and deviation (MAD: RM 84) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.