KAWASAN PENGKALAN WELD

KAWASAN PENGKALAN WELD in Timur Laut, Penang recorded 1 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 1.52 million and a median price per square foot (PSF) of RM 1,451.

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

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

Within the 4-Storey 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 1,451, with most transactions between RM 1,451 and RM 1,451. The usual range is RM 1,320.00 to RM 1,582.00, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.