Menara BHL
51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
| LIST.MY · Menara Bhl | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Level 3
|
RM350,000
|
RM357
|
980 sqft
|
|
Shop |
|
Level 1
|
RM850,000
|
RM908
|
936 sqft
|
|
Shop |
|
Level 2
|
RM350,000
|
RM357
|
980 sqft
|
|
Shop |
|
Level 3
|
RM280,000
|
RM286
|
980 sqft
|
|
Shop |
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Menara BHL
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM350,000
RM357 psfMedian transaction price
Menara BHL, 51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
MapsMenara BHL in Barat Daya, Penang recorded 4 subsale transactions in 2023, 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 RM280K to RM578K, and a typical market range of RM280K to RM560K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM357, though individual units vary from RM107 to RM608 in the core range. The broader market spans RM207.70 to RM506.95, indicating diverse property characteristics. A wider spread (IQR: RM299.25) and deviation (MAD: RM250) indicate significant PSF variations, likely due to diverse property types or conditions.
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.