Area Intelligence

KAWASAN KAPITAN KELING

1 properties
3-Storey Storey Shop
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Median Price
RM 4,600,000
PSF: RM 1,425

Commercial Market

Median Price

RM 4,600,000

IQR: RM 357
MAD: RM 357
RM 1,425 PSF 100.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN KAPITAN KELING 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 4.60 million and a median price per square foot (PSF) of RM 1,425.

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, 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 1,425, with most transactions between RM 1,425 and RM 1,425. The usual range is RM 1,246.50 to RM 1,603.50, showing that most units are priced quite close to each other. With an IQR of RM 357.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN KAPITAN KELING, Timur Laut, Penang

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Transactions

1 properties grouped by size

3,250 sqft
1 units 3-Storey Storey Shop
RM 4,600,000
LBH BISHOP
3,229 sqft · RM 1,425.00 PSF
Mar 2024