KAWASAN PENGKALAN WELD

KAWASAN PENGKALAN WELD 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 2.68 million and a median price per square foot (PSF) of RM 927.

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, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 927, with most transactions between RM 927 and RM 927. The usual range is RM 796.00 to RM 1,058.00, showing that most units are priced quite close to each other. With an IQR of RM 262.00 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.