WISMA CENTRAL

WISMA CENTRAL in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 317K 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 317K, with most transactions falling within a stable range of RM 285K to RM 349K, and a typical market range of RM 265K to RM 369K.

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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.