Wisma Central
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 3
|
RM 85,000
|
RM 374
|
227 sqft
|
|
Shop |
| 2023 | |||||
|
Level 1
|
RM 194,000
|
RM 641
|
302 sqft
|
|
Shop |
|
Level 2
|
RM 134,000
|
RM 415
|
323 sqft
|
|
Office |
|
Level 3
|
RM 125,000
|
RM 419
|
298 sqft
|
|
Office |
|
Level 2
|
RM 139,000
|
RM 466
|
298 sqft
|
|
Office |
|
Level 3
|
RM 134,000
|
RM 419
|
320 sqft
|
|
Office |
|
Level 3
|
RM 154,000
|
RM 418
|
368 sqft
|
|
Office |
|
Level 1
|
RM 311,000
|
RM 835
|
372 sqft
|
|
Office |
|
Level 2
|
RM 201,000
|
RM 466
|
432 sqft
|
|
Office |
|
Level 3
|
RM 180,000
|
RM 417
|
432 sqft
|
|
Office |
|
Level 3
|
RM 252,000
|
RM 417
|
604 sqft
|
|
Office |
|
Level 3
|
RM 255,000
|
RM 419
|
609 sqft
|
|
Office |
|
Level 1
|
RM 980,000
|
RM 1,493
|
657 sqft
|
|
Office |
|
Level 9
|
RM 284,000
|
RM 235
|
1,208 sqft
|
|
Office |
|
Level 9
|
RM 317,000
|
RM 235
|
1,349 sqft
|
|
Office |
|
Level 9
|
RM 349,000
|
RM 234
|
1,489 sqft
|
|
Office |
|
Level 8
|
RM 950,000
|
RM 235
|
4,045 sqft
|
|
Office |
|
Level 10
|
RM 950,000
|
RM 235
|
4,045 sqft
|
|
Office |
|
Level 2
|
RM 67,000
|
RM 465
|
144 sqft
|
|
Shop |
|
Level 3
|
RM 61,000
|
RM 417
|
146 sqft
|
|
Shop |
|
Level 3
|
RM 68,000
|
RM 416
|
164 sqft
|
|
Shop |
|
Level 1
|
RM 138,000
|
RM 838
|
165 sqft
|
|
Shop |
|
Level 3
|
RM 80,000
|
RM 420
|
191 sqft
|
|
Shop |
|
Level 3
|
RM 117,000
|
RM 416
|
281 sqft
|
|
Shop |
|
Level 2
|
RM 131,000
|
RM 466
|
281 sqft
|
|
Office |
|
Level 2
|
RM 66,000
|
RM 468
|
141 sqft
|
|
Office |
|
Level 3
|
RM 60,000
|
RM 416
|
144 sqft
|
|
Office |
|
Level 2
|
RM 68,000
|
RM 465
|
146 sqft
|
|
Office |
|
Level 3
|
RM 65,000
|
RM 419
|
155 sqft
|
|
Office |
|
Level 2
|
RM 76,000
|
RM 484
|
157 sqft
|
|
Office |
|
Level 3
|
RM 66,000
|
RM 420
|
157 sqft
|
|
Office |
|
Level 2
|
RM 81,000
|
RM 495
|
164 sqft
|
|
Office |
|
Level 2
|
RM 81,000
|
RM 467
|
173 sqft
|
|
Office |
|
Level 1
|
RM 157,000
|
RM 838
|
187 sqft
|
|
Office |
|
Level 2
|
RM 87,000
|
RM 465
|
187 sqft
|
|
Office |
|
Level 3
|
RM 78,000
|
RM 416
|
187 sqft
|
|
Office |
|
Level 2
|
RM 92,000
|
RM 467
|
197 sqft
|
|
Office |
|
Level 3
|
RM 89,000
|
RM 418
|
213 sqft
|
|
Office |
|
Level 2
|
RM 103,000
|
RM 467
|
221 sqft
|
|
Office |
|
Level 3
|
RM 92,000
|
RM 417
|
221 sqft
|
|
Office |
|
Level 2
|
RM 106,000
|
RM 467
|
227 sqft
|
|
Office |
|
Level 2
|
RM 107,000
|
RM 465
|
230 sqft
|
|
Office |
|
Level 1
|
RM 219,000
|
RM 837
|
262 sqft
|
|
Office |
|
Level 3
|
RM 113,000
|
RM 420
|
269 sqft
|
|
Office |
| 2022 | |||||
|
Level 3
|
RM 75,000
|
RM 400
|
187 sqft
|
|
Office |
|
Level 2
|
RM 101,000
|
RM 453
|
223 sqft
|
|
Office |
| 2021 | |||||
|
Level 2
|
RM 75,000
|
RM 400
|
187 sqft
|
|
Office |
|
Level 3
|
RM 83,000
|
RM 443
|
187 sqft
|
|
Office |
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Market Snapshot
CommercialRM 106,500
RM 420 psfMedian transaction price
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
MapsWisma Central in Timur Laut, Penang recorded 48 subsale transactions between 2021 and 2026, with a median price of RM 107K and a median price per square foot (PSF) of RM 443.
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 107K, with most transactions falling within a stable range of RM 75K to RM 139K, and a typical market range of RM 60K to RM 159K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 443, with core pricing between RM 398 and RM 488. Market pricing typically extends from RM 417.66 to RM 468.66, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 45, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.