Area Intelligence

KAWASAN JALAN BURMAH

2 properties
4-Storey Storey Shop
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Median Price
RM 3,578,500
PSF: RM 2,007

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 3,578,500

IQR: RM 998
MAD: RM 518
RM 2,007 PSF 3.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN JALAN BURMAH in Timur Laut, Penang recorded 2 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 3.58 million and a median price per square foot (PSF) of RM 2,007.

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 3.58 million, with most transactions falling within a stable range of RM 2.00 million to RM 5.16 million, and a typical market range of RM 3.23 million to RM 3.93 million.

Within the 4-Storey 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 2,007, though individual units vary from RM 1,366 to RM 2,647 in the core range. The broader market spans RM 1,863.00 to RM 2,150.00, indicating diverse property characteristics. A wider spread (IQR: RM 287.00) and deviation (MAD: RM 641) 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

2 properties grouped by size

1,450 sqft
1 units 4-Storey Storey Shop
RM 2,000,000
MACALISTER LANE
1,464 sqft · RM 1,366.00 PSF
May 2023
1,950 sqft
1 units 4-Storey Storey Shop
RM 5,157,000
JALAN SIAM
1,948 sqft · RM 2,647.00 PSF
Aug 2024