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Penang, Timur Laut, Georgetown

TUNG HIN BUILDING

Area Intelligence
Median Price
RM 250,000
PSF: RM 549
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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 288

Commercial PSF Trends

Median Price

RM 200,000

RM 563 PSF

TUNG HIN BUILDING in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 250K and a median price per square foot (PSF) of RM 549.

This area contains both residential and commercial properties. View 1 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 195K to RM 305K, and a typical market range of RM 190K to RM 314K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM 549, with core pricing between RM 493 and RM 606. Market pricing typically extends from RM 493.50 to RM 604.50, reflecting moderate variation in unit pricing. With an IQR of RM 111.00 and MAD of RM 57, 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.

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TUNG HIN BUILDING, Timur Laut, Penang

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View
350 sqft
Shop/Retail Lot
RM 200,000
Level 1
355 sqft · RM 563 PSF
RM 190,000
Level 1
355 sqft · RM 535 PSF
450 sqft
Shop/Retail Lot
RM 300,000
Level 1
463 sqft · RM 648 PSF
1,400 sqft
Flat
RM 400,000
Level 4
1,389 sqft · RM 288 PSF

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There are currently no properties listed for sale in this area.

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