Wisma Central
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
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Market Snapshot
CommercialRM 232,500
RM 627 psfMedian transaction price
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
MapsWisma Central in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 325 and 374 sqft, with a median price of RM 233K and a median price per square foot (PSF) of RM 627.
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 233K, with most transactions falling within a stable range of RM 154K to RM 311K, and a typical market range of RM 181K to RM 285K.
Most transactions involved office lot, though some variety exists in the market.
Price per square foot shows a median of RM 627, though individual units vary from RM 418 to RM 835 in the core range. The broader market spans RM 601.19 to RM 652.19, indicating diverse property characteristics. A wider spread (IQR: RM 51.00) and deviation (MAD: RM 208) 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. Limited transaction history suggests carefully evaluating comparable sales data.