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 950,000
RM 235 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 4,025 and 4,074 sqft, with a median price of RM 950K and a median price per square foot (PSF) of RM 235.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved office lot, though some variety exists in the market.
For price per square foot, the median is RM 235, with most transactions between RM 235 and RM 235. The usual range is RM 209.35 to RM 260.35, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.