Area Intelligence

KAWASAN LBH CARNARVON

2 properties
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Median Price
RM 4,250,000
PSF: RM 4,526

Commercial Market

Median Price

RM 4,250,000

RM 4,526 PSF

PSF Trends (2021-2025)

KAWASAN LBH CARNARVON in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 4.25 million and a median price per square foot (PSF) of RM 4,526.

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 4.25 million, with most transactions falling within a stable range of RM 4.15 million to RM 4.35 million, and a typical market range of RM 4.20 million to RM 4.30 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

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 LBH CARNARVON, Timur Laut, Penang

OSM

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Transactions

2 properties grouped by size

900 sqft
1 units 3-Storey Storey Shop
RM 4,146,000
LEBUH CARNAVON
916 sqft · RM 4,526.00 PSF
Oct 2023
950 sqft
1 units 3-Storey Storey Shop
RM 4,354,000
LEBUH CARNARVON
962 sqft · RM 4,526.00 PSF
Oct 2023