Area Intelligence

KAWASAN JALAN SUNGAI PINANG

7 properties
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Median Price
RM 3,600,000
PSF: RM 719

Commercial Market

Median Price

RM 4,500,000

IQR: RM 276
MAD: RM 190
RM 909 PSF 8.7%

PSF Trends (2021-2025)

KAWASAN JALAN SUNGAI PINANG in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 3.60 million and a median price per square foot (PSF) of RM 719.

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 3.60 million, with most transactions falling within a stable range of RM 2.70 million to RM 4.50 million, and a typical market range of RM 2.71 million to RM 4.49 million.

Most transactions involved terraced factory/warehouse, with high diversity across multiple property types.

Price per square foot shows a median of RM 719, though individual units vary from RM 529 to RM 909 in the core range. The broader market spans RM 582.00 to RM 856.00, indicating diverse property characteristics. A wider spread (IQR: RM 274.00) and deviation (MAD: RM 190) 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 SUNGAI PINANG, Timur Laut, Penang

OSM

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Transactions

7 properties grouped by size

2,400 sqft
1 units 3-Storey Storey Shop
RM 2,950,000
LINTANG SUNGAI PINANG
2,411 sqft · RM 1,223.00 PSF
Jun 2024
4,150 sqft
1 units Detached Factory
RM 1,645,000
JALAN P. RAMLEE
4,133 sqft · RM 398.00 PSF
Sep 2024
4,550 sqft
1 units Detached Factory
RM 3,000,000
JALAN ONG JOO SOON
4,542 sqft · RM 660.00 PSF
Dec 2022
4,950 sqft
1 units Semi-D Factory
RM 4,500,000
LEBUH MAKLOOM
4,951 sqft · RM 909.00 PSF
Nov 2021
5,000 sqft
2 units Terraced Factory
RM 3,600,000
JALAN HAJI HASHIM IMAM
5,008 sqft · RM 719.00 PSF
Dec 2022
RM 5,000,000
JALAN HAJI HASHIM IMAM
5,023 sqft · RM 995.00 PSF
Nov 2021
7,200 sqft
1 units Terraced Factory
RM 5,000,000
JALAN HAJI HASHIM IMAM
7,186 sqft · RM 696.00 PSF
Aug 2022