Penang Property Market Analysis

Penang spans 5 districts with 38,804 recorded subsale transactions. The median transaction price across the state is RM 410,000, or roughly RM 356 per square foot — a useful benchmark when weighing value between districts.

The most active districts here are Timur Laut, Seberang Perai Tengah and Seberang Perai Utara, where transaction volume and pricing data are deepest. Each district below carries its own median price and 12-month PSF movement, so you can spot where momentum is building before it shows up in the headline numbers.

Use the transaction history from 2021 to 2026 to ground your own valuation, compare like-for-like within Penang, and decide which district best fits how you intend to buy, sell, or invest.