Kawasan Lebuh Chulia in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM5.75 million and a median price per square foot (PSF) of RM667.

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 RM5.75 million, with most transactions falling within a stable range of RM4.60 million to RM6.90 million, and a typical market range of RM4.60 million to RM6.90 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM667, though individual units vary from RM417 to RM917 in the core range. The broader market spans RM370.78 to RM963.28, indicating diverse property characteristics. A wider spread (IQR: RM592.50) and deviation (MAD: RM250) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.