HARBOUR TRADE CENTER

HARBOUR TRADE CENTER in Timur Laut, Penang recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 310K and a median price per square foot (PSF) of RM 209.

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 RM 310K, with most transactions falling within a stable range of RM 240K to RM 380K, and a typical market range of RM 240K to RM 381K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM 209, though individual units vary from RM 166 to RM 252 in the core range. The broader market spans RM 172.50 to RM 245.50, indicating diverse property characteristics. The spread of RM 73.00 (IQR) and deviation of RM 43 (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. Moderate transaction volume may require patience when buying or selling.