Kawasan Jalan Penang

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

Property Transactions

4 subsales found

Median
RM3,650,000
PSF
RM670
Price Size
Period
transactions middle 50% (P25–P75)
RM900,000
Jalan Argyll
1,281 sqft RM703 PSF
RM4,950,000
Lebuh Campbell
4,166 sqft RM1,188 PSF
RM2,500,000
Lebuh Kimberley
4,306 sqft RM581 PSF
RM4,800,000
Lebuh Campbell
7,535 sqft RM637 PSF
Legend Recent Highest Price Highest PSF

Selling in Kawasan Jalan Penang? Homes here sold for a median of RM3,650,000.

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

Maps

Kawasan Jalan Penang in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM3.65 million and a median price per square foot (PSF) of RM670.

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 RM3.65 million, with most transactions falling within a stable range of RM1.96 million to RM4.95 million, and a typical market range of RM2.43 million to RM4.88 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 RM670, though individual units vary from RM429 to RM911 in the core range. The broader market spans RM562.34 to RM777.34, indicating diverse property characteristics. A wider spread (IQR: RM215.00) and deviation (MAD: RM241) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.