Area Intelligence

KAWASAN JALAN SUNGAI PINANG

1 properties
3-Storey Storey Shop
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Median Price
RM 2,950,000
PSF: RM 1,223

Commercial Market

Median Price

RM 2,950,000

IQR: RM 276
MAD: RM 190
RM 1,223 PSF 8.7%

PSF Trends (2021-2025)

KAWASAN JALAN SUNGAI PINANG in Timur Laut, Penang recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 2.95 million and a median price per square foot (PSF) of RM 1,223.

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

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

Within the 3-Storey Storey Shop category, terraced factory/warehouse dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 1,223, with most transactions between RM 1,223 and RM 1,223. The usual range is RM 1,086.00 to RM 1,360.00, showing that most units are priced quite close to each other. With an IQR of RM 274.00 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. 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

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Transactions

1 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