Kawasan Kapitan Keling in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM3.45 million and a median price per square foot (PSF) of RM1,068.

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 RM3.45 million, with most transactions falling within a stable range of RM2.30 million to RM4.60 million, and a typical market range of RM2.88 million to RM4.03 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM1,068, though individual units vary from RM711 to RM1,425 in the core range. The broader market spans RM889.50 to RM1,246.50, indicating diverse property characteristics. A wider spread (IQR: RM357.00) and deviation (MAD: RM357) 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.