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
|
| 2022 | |||||
|
Level 4
|
RM225,000
|
RM261
|
861 sqft
|
|
Office |
|
Level 5
|
RM303,000
|
RM147
|
2,056 sqft
|
|
Office |
|
Level 5
|
RM367,000
|
RM148
|
2,486 sqft
|
|
Office |
|
Level 5
|
RM160,000
|
RM162
|
990 sqft
|
|
Office |
|
Level 5
|
RM371,000
|
RM154
|
2,411 sqft
|
|
Office |
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Harbour Trade Center
marks an area with a property for sale or rent on our marketplace
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
CommercialRM303,000
RM154 psfMedian transaction price
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsHarbour Trade Center in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM303K and a median price per square foot (PSF) of RM154.
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 RM303K, with most transactions falling within a stable range of RM221K to RM371K, and a typical market range of RM235K to RM371K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM154, though individual units vary from RM110 to RM198 in the core range. The broader market spans RM112.87 to RM194.87, indicating diverse property characteristics. A wider spread (IQR: RM82.00) and deviation (MAD: RM44) 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.