Kawasan Jalan Penang

Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM4,950,000
4,166 sqft
RM1,188 PSF · 2-Sty Shop
RM4,800,000
7,535 sqft
RM637 PSF · 3-Sty Shop
RM6,000,000
6,512 sqft
RM921 PSF
RM900,000
1,281 sqft
RM703 PSF
RM2,500,000
4,306 sqft
RM581 PSF
Legend Recent Highest Price Highest PSF

Selling in Kawasan Jalan Penang? Homes here sold for a median of RM4,800,000.

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Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia

Maps

Kawasan Jalan Penang in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM4.80 million and a median price per square foot (PSF) of RM703.

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 RM4.80 million, with most transactions falling within a stable range of RM3.60 million to RM6.00 million, and a typical market range of RM3.58 million to RM6.00 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM703, though individual units vary from RM493 to RM913 in the core range. The broader market spans RM595.13 to RM810.13, indicating diverse property characteristics. A wider spread (IQR: RM215.00) and deviation (MAD: RM210) 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.