Harbour Trade Center
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM400,000
|
RM161
|
2,486 sqft
|
|
Office |
|
Level 1
|
RM1,450,000
|
RM581
|
2,497 sqft
|
|
Shop |
|
Level 6
|
RM450,000
|
RM181
|
2,486 sqft
|
|
Office |
|
Level 3
|
RM420,000
|
RM169
|
2,486 sqft
|
|
Office |
|
Level 5
|
RM367,000
|
RM148
|
2,486 sqft
|
|
Office |
|
Level 5
|
RM380,000
|
RM153
|
2,476 sqft
|
|
Office |
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Harbour Trade Center
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
CommercialRM410,000
RM165 psfMedian transaction price
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsHarbour Trade Center in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, sized between 2,475 and 2,524 sqft, with a median price of RM410K and a median price per square foot (PSF) of RM165.
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 RM410K, with most transactions falling within a stable range of RM367K to RM801K, and a typical market range of RM367K to RM478K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM165, though individual units vary from RM9 to RM321 in the core range. The broader market spans RM123.89 to RM205.89, indicating diverse property characteristics. A wider spread (IQR: RM82.00) and deviation (MAD: RM156) 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.