WISMA CENTRAL in Timur Laut, Penang recorded 0 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 107K and a median price per square foot (PSF) of RM 420.
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 107K, with most transactions falling within a stable range of RM 75K to RM 139K, and a typical market range of RM 55K to RM 159K.
Within the 3-Storey Shop category, office lot dominated the market, though some variety exists in the market.
The median PSF stands at RM 420, with core pricing between RM 375 and RM 465. Market pricing typically extends from RM 394.50 to RM 445.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 45, 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.
