Area Intelligence

KAWASAN LEBUH MCNAIR

1 properties
2024
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Median Price
RM 430,000
PSF: RM 294

Commercial Market

Median Price

RM 430,000

IQR: RM 563
MAD: RM 563
RM 294 PSF 79.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN LEBUH MCNAIR in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 430K and a median price per square foot (PSF) of RM 294.

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

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

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

For price per square foot, the median is RM 294, with most transactions between RM 294 and RM 294. The usual range is RM 12.50 to RM 575.50, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN LEBUH MCNAIR, Timur Laut, Penang

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Transactions

1 properties grouped by size

1,450 sqft
1 units Office Lot
RM 430,000
1,464 sqft · RM 294.00 PSF
Sep 2024