Area Intelligence

KAWASAN JALAN DATO KERAMAT

3 properties
Double Storey Shop
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Median Price
RM 1,550,000
PSF: RM 947

Commercial Market

Median Price

RM 1,550,000

IQR: RM 320
MAD: RM 207
RM 947 PSF 6.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN JALAN DATO KERAMAT 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 1.55 million and a median price per square foot (PSF) of RM 947.

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 RM 1.55 million, with most transactions falling within a stable range of RM 1.10 million to RM 2.22 million, and a typical market range of RM 1.10 million to RM 2.20 million.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 947, with core pricing between RM 811 and RM 1,083. Market pricing typically extends from RM 787.00 to RM 1,107.00, reflecting moderate variation in unit pricing. With an IQR of RM 320.00 and MAD of RM 136, 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.

Area Location

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KAWASAN JALAN DATO KERAMAT, Timur Laut, Penang

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Transactions

3 properties grouped by size

1,150 sqft
1 units Double Storey Shop
RM 1,100,000
JLN DATO KERAMAT
1,162 sqft · RM 947.00 PSF
Feb 2023
1,350 sqft
1 units Double Storey Shop
RM 1,550,000
JLN SINGAPURA
1,343 sqft · RM 1,154.00 PSF
Mar 2022
3,250 sqft
1 units Double Storey Shop
RM 2,700,000
JALAN PAHANG
3,272 sqft · RM 825.00 PSF
Sep 2024