WISMA CENTRAL

Area Intelligence
2023
Median Price
RM 106,500
PSF: RM 465

Commercial PSF Trends

Median Price

RM 106,500

RM 465 PSF

WISMA CENTRAL in Timur Laut, Penang recorded 38 subsale transactions in 2023, with a median price of RM 107K and a median price per square foot (PSF) of RM 465.

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 60K to RM 256K, and a typical market range of RM 60K to RM 159K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM 465, though individual units vary from RM 261 to RM 669 in the core range. The broader market spans RM 439.50 to RM 490.50, indicating diverse property characteristics. A wider spread (IQR: RM 51.00) and deviation (MAD: RM 204) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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WISMA CENTRAL, Timur Laut, Penang

OSM

Track location

Transactions

38 transactions found

RM 194,000
Level 1
302 sqft RM 641.00 PSF
RM 134,000
Level 2
323 sqft RM 415.00 PSF
RM 139,000
Level 2
298 sqft RM 466.00 PSF
RM 131,000
Level 2
281 sqft RM 466.00 PSF
RM 125,000
Level 3
298 sqft RM 419.00 PSF
RM 134,000
Level 3
320 sqft RM 419.00 PSF
RM 154,000
Level 3
368 sqft RM 418.00 PSF
RM 311,000
Level 1
372 sqft RM 835.00 PSF
RM 201,000
Level 2
432 sqft RM 466.00 PSF
RM 180,000
Level 3
432 sqft RM 417.00 PSF
RM 252,000
Level 3
604 sqft RM 417.00 PSF
RM 255,000
Level 3
609 sqft RM 419.00 PSF
RM 980,000
Level 1
657 sqft RM 1,493.00 PSF
RM 67,000
Level 2
144 sqft RM 465.00 PSF
RM 61,000
Level 3
146 sqft RM 417.00 PSF
RM 68,000
Level 3
164 sqft RM 416.00 PSF
RM 138,000
Level 1
165 sqft RM 838.00 PSF
RM 80,000
Level 3
191 sqft RM 420.00 PSF
RM 117,000
Level 3
281 sqft RM 416.00 PSF
RM 78,000
Level 3
187 sqft RM 416.00 PSF
RM 60,000
Level 3
144 sqft RM 416.00 PSF
RM 68,000
Level 2
146 sqft RM 465.00 PSF
RM 65,000
Level 3
155 sqft RM 419.00 PSF
RM 76,000
Level 2
157 sqft RM 484.00 PSF
RM 66,000
Level 3
157 sqft RM 420.00 PSF
RM 81,000
Level 2
164 sqft RM 495.00 PSF
RM 81,000
Level 2
173 sqft RM 467.00 PSF
RM 157,000
Level 1
187 sqft RM 838.00 PSF
RM 87,000
Level 2
187 sqft RM 465.00 PSF
RM 66,000
Level 2
141 sqft RM 468.00 PSF
RM 92,000
Level 2
197 sqft RM 467.00 PSF
RM 89,000
Level 3
213 sqft RM 418.00 PSF
RM 103,000
Level 2
221 sqft RM 467.00 PSF
RM 92,000
Level 3
221 sqft RM 417.00 PSF
RM 106,000
Level 2
227 sqft RM 467.00 PSF
RM 107,000
Level 2
230 sqft RM 465.00 PSF
RM 219,000
Level 1
262 sqft RM 837.00 PSF
RM 113,000
Level 3
269 sqft RM 420.00 PSF

No Properties For Sale

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

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