KAWASAN PENGKALAN WELD

KAWASAN PENGKALAN WELD in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 2.02 million and a median price per square foot (PSF) of RM 950.

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 2.02 million, with most transactions falling within a stable range of RM 1.52 million to RM 2.53 million, and a typical market range of RM 1.73 million to RM 2.31 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 950, with most transactions between RM 927 and RM 973. The usual range is RM 819.00 to RM 1,081.00, showing that most units are priced quite close to each other. With an IQR of RM 262.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.