Premier Centre

Pulau Tikus, 10350 George Town, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM 309,000
PSF
RM 280
RM 230,000
Level 5
907 sqft RM 254 PSF
RM 388,000
Level 3
1,386 sqft RM 280 PSF
Legend Recent Highest Price Highest PSF
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Premier Centre, Pulau Tikus, 10350 George Town, Penang, Malaysia

Maps

Premier Centre in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 309K and a median price per square foot (PSF) of RM 280.

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 309K, with most transactions falling within a stable range of RM 230K to RM 388K, and a typical market range of RM 270K to RM 349K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 280, with most transactions between RM 267 and RM 293. The usual range is RM 273.45 to RM 286.45, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.