Area Intelligence

KAWASAN JALAN GURDWARA

4 properties
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Median Price
RM 2,125,000
PSF: RM 1,322

Commercial Market

Median Price

RM 2,125,000

IQR: RM 888
MAD: RM 441
RM 1,322 PSF 387.9%

PSF Trends (2021-2025)

KAWASAN JALAN GURDWARA in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 2.13 million and a median price per square foot (PSF) of RM 1,322.

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 2.13 million, with most transactions falling within a stable range of RM 1.84 million to RM 2.42 million, and a typical market range of RM 1.76 million to RM 2.50 million.

Most transactions involved 4 - 4 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 1,322, though individual units vary from RM 881 to RM 1,763 in the core range. The broader market spans RM 877.63 to RM 1,765.38, indicating diverse property characteristics. A wider spread (IQR: RM 887.75) and deviation (MAD: RM 441) 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 GURDWARA, Timur Laut, Penang

OSM

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Transactions

4 properties grouped by size

1,100 sqft
1 units Shop/Retail Lot
RM 370,000
1,087 sqft · RM 340.00 PSF
Dec 2022
1,200 sqft
2 units
RM 2,250,000
5-Storey Storey Shop JLN C.Y. CHOY
1,206 sqft · RM 1,866.00 PSF
Nov 2023
RM 2,000,000
4-Storey Storey Shop JLN C.Y. CHOY
1,206 sqft · RM 1,659.00 PSF
May 2023
2,600 sqft
1 units Double Storey Shop
RM 2,580,000
LEBUH NOORDIN
2,623 sqft · RM 984.00 PSF
Jun 2023