Harbour Trade Center
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
| LIST.MY · Harbour Trade Center | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2025 | |||||
|
Level 2
|
RM250,000
|
RM290
|
861 sqft
|
|
Office |
| 2024 | |||||
|
Level 1
|
RM300,000
|
RM353
|
850 sqft
|
|
Office |
|
Level 2
|
RM230,000
|
RM270
|
850 sqft
|
|
Office |
|
Level 3
|
RM200,000
|
RM235
|
850 sqft
|
|
Office |
| 2022 | |||||
|
Level 4
|
RM225,000
|
RM261
|
861 sqft
|
|
Office |
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Harbour Trade Center
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM230,000
RM270 psfMedian transaction price
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsHarbour Trade Center in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 825 and 874 sqft, with a median price of RM230K and a median price per square foot (PSF) of RM270.
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 RM230K, with most transactions falling within a stable range of RM200K to RM264K, and a typical market range of RM200K to RM298K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM270, with core pricing between RM231 and RM310. Market pricing typically extends from RM229.48 to RM311.48, reflecting moderate variation in unit pricing. With an IQR of RM82.00 and MAD of RM40, the PSF demonstrates reasonable consistency across the market.
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.