Krystal Point Commercial Centre

Jalan Sultan Azlan Shah, Krystal Point Corporate Park, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM379,500
PSF
RM504
Price Size
Period
transactions middle 50% (P25–P75)
350 sqft
Shop
RM145,000
Level 3
344 sqft · RM421 PSF
400 sqft
Shop
RM170,000
Level 3
398 sqft · RM427 PSF
950 sqft
Shop
RM1,100,000
Level 1
926 sqft · RM1,188 PSF
1,000 sqft
Shop
RM589,000
Level 2
1,012 sqft · RM582 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM379,500

RM504 psf

Median transaction price

Krystal Point Commercial Centre
© OpenStreetMap · CARTO

Jalan Sultan Azlan Shah, Krystal Point Corporate Park, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Krystal Point Commercial Centre in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM380K and a median price per square foot (PSF) of RM504.

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 RM380K, with most transactions falling within a stable range of RM145K to RM768K, and a typical market range of RM177K to RM582K.

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

Price per square foot shows a median of RM504, though individual units vary from RM190 to RM819 in the core range. The broader market spans RM433.74 to RM575.24, indicating diverse property characteristics. A wider spread (IQR: RM141.50) and deviation (MAD: RM315) 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.