Area Intelligence

KAWASAN JALAN PENANG

1 properties
Double Storey Shop
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Median Price
RM 900,000
PSF: RM 846

Commercial Market

Median Price

RM 900,000

IQR: RM 663
MAD: RM 663
RM 846 PSF 156.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN JALAN PENANG in Timur Laut, Penang recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 900K and a median price per square foot (PSF) of RM 846.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 846, with most transactions between RM 846 and RM 846. The usual range is RM 514.75 to RM 1,177.25, showing that most units are priced quite close to each other. With an IQR of RM 662.50 and MAD of RM 0, 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 PENANG, Timur Laut, Penang

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Transactions

1 properties grouped by size

1,050 sqft
1 units Double Storey Shop
RM 900,000
JLN ARGYLL
1,064 sqft · RM 846.00 PSF
Dec 2022