Prangin Mall

33-3-123A, Jalan Dr Lim Chwee Leong, 10100 George Town, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 310,000
PSF
RM 559
500 sqft
Shop
RM 310,000
Level 1
499 sqft · RM 621 PSF
550 sqft
Shop
RM 250,000
Level 2
573 sqft · RM 436 PSF
900 sqft
Shop
RM 500,000
Level 3
894 sqft · RM 559 PSF
Legend Recent Highest Price Highest PSF
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Prangin Mall, 33-3-123A, Jalan Dr Lim Chwee Leong, 10100 George Town, Penang, Malaysia

Maps

Prangin Mall in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 310K and a median price per square foot (PSF) of RM 559.

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 310K, with most transactions falling within a stable range of RM 250K to RM 370K, and a typical market range of RM 250K to RM 373K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 559, with core pricing between RM 497 and RM 621. Market pricing typically extends from RM 513.07 to RM 605.57, reflecting moderate variation in unit pricing. With an IQR of RM 92.50 and MAD of RM 62, the PSF demonstrates reasonable consistency across the market.

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.