Maritime Piazza

George Town, Penang, Malaysia

Property Transactions

1 subsales grouped by size

Median
RM782,000
PSF
RM550
Price Size
Period
transactions middle 50% (P25–P75)
1,400 sqft
Shop
RM782,000
Level 3
1,421 sqft · RM550 PSF
Legend Recent Highest Price Highest PSF

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Maritime Piazza in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 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.

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

For price per square foot, the median is RM550, with most transactions between RM550 and RM550. The usual range is RM115.63 to RM985.13, showing that most units are priced quite close to each other. With an IQR of RM869.50 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.