KAWASAN JALAN FREE SCHOOL in Timur Laut, Penang recorded 0 5-Storey Shop properties subsale transactions between 2021 and 2025 for 5-storey shop properties, with a median price of RM 880K and a median price per square foot (PSF) of RM 597.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 880K, with most transactions falling within a stable range of RM 780K to RM 980K, and a typical market range of RM 733K to RM 1.03 million.
Within the 5-Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 597, with most transactions between RM 578 and RM 616. The usual range is RM 543.75 to RM 650.25, showing that most units are priced quite close to each other. With an IQR of RM 106.50 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
