WISMA CENTRAL

WISMA CENTRAL in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, 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. The median price is RM 950K, with most transactions falling within a stable range of RM 918K to RM 982K, and a typical market range of RM 898K to RM 1.00 million.

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

The median PSF stands at RM 235, with core pricing between RM 190 and RM 280. Market pricing typically extends from RM 209.50 to RM 260.50, reflecting moderate variation in unit pricing. The spread of RM 51.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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.