Area Intelligence

KAWASAN JALAN BURMAH

3 properties
Double Storey Shop
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Median Price
RM 2,800,000
PSF: RM 1,914

Residential Market

Median Price

RM 1,450,000

IQR: RM 298
MAD: RM 164
RM 745 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,800,000

IQR: RM 998
MAD: RM 518
RM 1,914 PSF 3.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN JALAN BURMAH in Timur Laut, Penang recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 2.80 million and a median price per square foot (PSF) of RM 1,914.

This area contains both residential and commercial properties. View 33 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.80 million, with most transactions falling within a stable range of RM 2.39 million to RM 3.21 million, and a typical market range of RM 2.45 million to RM 3.15 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 1,914, though individual units vary from RM 1,311 to RM 2,517 in the core range. The broader market spans RM 1,770.50 to RM 2,057.50, indicating diverse property characteristics. A wider spread (IQR: RM 287.00) and deviation (MAD: RM 603) 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.

Area Location

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KAWASAN JALAN BURMAH, Timur Laut, Penang

OSM

Transactions

3 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 3,350,000
JALAN BURMA
1,209 sqft · RM 2,771.00 PSF
Jul 2023
1,450 sqft
1 units Double Storey Shop
RM 2,800,000
JLN BURMAH
1,463 sqft · RM 1,914.00 PSF
Mar 2022
1,800 sqft
1 units Double Storey Shop
RM 2,350,000
JALAN BURMA
1,808 sqft · RM 1,300.00 PSF
May 2024