Area Intelligence

KAWASAN JLN PENANG

1 properties
3-Storey Storey Shop
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Median Price
RM 4,800,000
PSF: RM 1,270

Commercial Market

Median Price

RM 4,800,000

IQR: RM 108
MAD: RM 5
RM 1,270 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN JLN PENANG 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 4.80 million and a median price per square foot (PSF) of RM 1,270.

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, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 1,270, with most transactions between RM 1,270 and RM 1,270. The usual range is RM 1,216.25 to RM 1,323.75, showing that most units are priced quite close to each other. With an IQR of RM 107.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN JLN PENANG, Timur Laut, Penang

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Transactions

1 properties grouped by size

3,800 sqft
1 units 3-Storey Storey Shop
RM 4,800,000
LEBUH CAMPBELL
3,779 sqft · RM 1,270.00 PSF
Jun 2022