Harbour Trade Center

2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM360,000
PSF
RM217

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,150 sqft
Office
RM320,000
Level 3
1,173 sqft · RM273 PSF
2,500 sqft
Office
RM400,000
Level 6
2,486 sqft · RM161 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM360,000

RM217 psf

Median transaction price

Harbour Trade Center
© OpenStreetMap · CARTO

2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia

Maps

Harbour Trade Center in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM360K and a median price per square foot (PSF) of RM217.

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 RM360K, with most transactions falling within a stable range of RM320K to RM400K, and a typical market range of RM320K to RM400K.

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

Price per square foot shows a median of RM217, though individual units vary from RM161 to RM273 in the core range. The broader market spans RM175.94 to RM257.94, indicating diverse property characteristics. A wider spread (IQR: RM82.00) and deviation (MAD: RM56) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.