Maritime Piazza

George Town, Penang, Malaysia

Property Transactions

3 subsales found

Median
RM782,000
PSF
RM550
Price Size
Period
transactions middle 50% (P25–P75)
RM1,775,000
Level 2
1,475 sqft RM1,204 PSF
RM665,000
Level 4
1,281 sqft RM519 PSF
RM782,000
Level 3
1,421 sqft RM550 PSF
Legend Recent Highest Price Highest PSF

Selling in Maritime Piazza? Homes here sold for a median of RM782,000.

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Maritime Piazza in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,000 and 3,000 sqft, with a median price of RM782K and a median price per square foot (PSF) of RM550.

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 RM782K, with most transactions falling within a stable range of RM665K to RM1.28 million, and a typical market range of RM665K to RM1.08 million.

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

Price per square foot shows a median of RM550, though individual units vary from RM235 to RM866 in the core range. The broader market spans RM115.63 to RM985.13, indicating diverse property characteristics. A wider spread (IQR: RM869.50) and deviation (MAD: RM316) indicate significant PSF variations, likely due to diverse property types or conditions.

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.