Komtar

10450 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM224,000
PSF
RM656
Price Size
Period
transactions middle 50% (P25–P75)
150 sqft
Shop
RM88,000
Level 2
161 sqft · RM545 PSF
450 sqft
Shop
RM360,000
Level 1
469 sqft · RM768 PSF
Legend Recent Highest Price Highest PSF

Selling in Komtar? Homes here sold for a median of RM224,000.

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Market Snapshot

Commercial

RM224,000

RM656 psf

Median transaction price

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Komtar, 10450 George Town, Pulau Pinang, Malaysia

Maps

Komtar in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM224K and a median price per square foot (PSF) of RM656.

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 RM224K, with most transactions falling within a stable range of RM88K to RM360K, and a typical market range of RM88K to RM360K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM656, with core pricing between RM545 and RM768. Market pricing typically extends from RM465.07 to RM847.57, reflecting moderate variation in unit pricing. The spread of RM382.50 (IQR) and deviation of RM111 (MAD) suggest moderate price variations reflecting different property features.

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.