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 190,500
RM 441 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 425 and 474 sqft, with a median price of RM 191K and a median price per square foot (PSF) of RM 441.
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 191K, with most transactions falling within a stable range of RM 180K to RM 201K, and a typical market range of RM 180K to RM 201K.
Most transactions involved office lot, though some variety exists in the market.
For price per square foot, the median is RM 441, with most transactions between RM 417 and RM 466. The usual range is RM 415.85 to RM 466.85, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 24, 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. Limited transaction history suggests carefully evaluating comparable sales data.