Kawasan Lebuh Beach

Beach St, Georgetown, George Town, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Period
transactions middle 50% (P25–P75)
2,500 sqft
2-Sty Shop
RM1,800,000
Lebuh Penang
2,519 sqft · RM715 PSF
7,700 sqft
4-Sty Shop
RM4,500,000
Lebuh Makloom
7,707 sqft · RM584 PSF
Legend Recent Highest Price Highest PSF

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Kawasan Lebuh Beach
© OpenStreetMap · CARTO

Beach St, Georgetown, George Town, Penang, Malaysia

Maps

Kawasan Lebuh Beach in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM3.15 million and a median price per square foot (PSF) of RM715.

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 RM3.15 million, with most transactions falling within a stable range of RM1.80 million to RM4.50 million, and a typical market range of RM2.48 million to RM3.83 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 RM715, though individual units vary from RM536 to RM894 in the core range. The broader market spans RM625.14 to RM804.14, indicating diverse property characteristics. A wider spread (IQR: RM179.00) and deviation (MAD: RM179) 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.