Menara BHL

51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

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Market Snapshot

Commercial

RM350,000

RM357 psf

Median transaction price

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© OpenStreetMap · CARTO

Menara BHL, 51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Maps

Menara BHL in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM350K and a median price per square foot (PSF) of RM357.

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 RM350K, with most transactions falling within a stable range of RM290K to RM410K, and a typical market range of RM140K to RM560K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM357, with core pricing between RM299 and RM415. Market pricing typically extends from RM207.38 to RM506.63, reflecting moderate variation in unit pricing. The spread of RM299.25 (IQR) and deviation of RM58 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.