WISMA CENTRAL

Area Intelligence
Median Price
RM 317,000
PSF: RM 235

Commercial PSF Trends

Median Price

RM 317,000

RM 235 PSF

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 290K to RM 344K, and a typical market range of RM 284K to RM 349K.

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 209.50 to RM 260.50, 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.

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.

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WISMA CENTRAL, Timur Laut, Penang

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Transactions

3 transactions grouped by size

1,200 sqft
Office Lot
RM 284,000
Level 9
1,208 sqft · RM 235 PSF
1,350 sqft
Office Lot
RM 317,000
Level 9
1,349 sqft · RM 235 PSF
1,500 sqft
Office Lot
RM 349,000
Level 9
1,489 sqft · RM 234 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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