KAWASAN LEBUH MCNAIR

KAWASAN LEBUH MCNAIR in Timur Laut, Penang recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.88 million and a median price per square foot (PSF) of RM 1,420.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 1,420, with most transactions between RM 1,420 and RM 1,420. The usual range is RM 1,138.50 to RM 1,701.50, showing that most units are priced quite close to each other. With an IQR of RM 563.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.