Area Intelligence

MARITIME SUITES

24 properties
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Median Price
RM 874,000
PSF: RM 883

Commercial Market

Median Price

RM 874,000

IQR: RM 72
MAD: RM 36
RM 883 PSF 2.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MARITIME SUITES in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 874K and a median price per square foot (PSF) of RM 883.

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 RM 874K, with most transactions falling within a stable range of RM 829K to RM 919K, and a typical market range of RM 829K to RM 919K.

Most transactions involved soho/sofo/sovo, though some variety exists in the market.

For price per square foot, the median is RM 883, with most transactions between RM 848 and RM 919. The usual range is RM 846.88 to RM 919.13, showing that most units are priced quite close to each other. With an IQR of RM 72.25 and MAD of RM 36, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

Area Location

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MARITIME SUITES, Timur Laut, Penang

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Transactions

24 properties found

Office Lot
RM 900,000
1,087 sqft Sep 2024
RM 828.00 PSF
Office Lot
RM 860,000
1,076 sqft May 2024
RM 799.00 PSF
Office Lot
RM 1,000,000
926 sqft Apr 2024
RM 1,080.00 PSF
Office Lot
RM 780,000
904 sqft Jan 2024
RM 863.00 PSF
Office Lot
RM 650,000
721 sqft Oct 2023
RM 901.00 PSF
Office Lot
RM 820,000
958 sqft Oct 2023
RM 856.00 PSF
Office Lot
RM 920,000
1,055 sqft Sep 2023
RM 872.00 PSF
Office Lot
RM 850,000
926 sqft Aug 2023
RM 918.00 PSF
Office Lot
RM 900,000
980 sqft Mar 2023
RM 919.00 PSF
SOHO/SOFO/SOVO
RM 900,000
980 sqft Mar 2023
RM 919.00 PSF
SOHO/SOFO/SOVO
RM 885,000
958 sqft Dec 2022
RM 924.00 PSF
SOHO/SOFO/SOVO
RM 840,000
936 sqft Nov 2022
RM 897.00 PSF
SOHO/SOFO/SOVO
RM 1,000,000
1,076 sqft Oct 2022
RM 929.00 PSF
SOHO/SOFO/SOVO
RM 980,000
1,076 sqft Sep 2022
RM 910.00 PSF
SOHO/SOFO/SOVO
RM 950,000
1,023 sqft Jul 2022
RM 929.00 PSF
SOHO/SOFO/SOVO
RM 760,000
926 sqft May 2022
RM 821.00 PSF
SOHO/SOFO/SOVO
RM 868,000
958 sqft May 2022
RM 906.00 PSF
SOHO/SOFO/SOVO
RM 830,000
936 sqft Apr 2022
RM 886.00 PSF
SOHO/SOFO/SOVO
RM 900,000
1,023 sqft Apr 2022
RM 880.00 PSF
SOHO/SOFO/SOVO
RM 880,000
1,033 sqft Mar 2022
RM 852.00 PSF
SOHO/SOFO/SOVO
RM 760,000
947 sqft Feb 2022
RM 802.00 PSF
SOHO/SOFO/SOVO
RM 720,000
926 sqft Dec 2021
RM 778.00 PSF
SOHO/SOFO/SOVO
RM 730,000
1,001 sqft Nov 2021
RM 729.00 PSF
SOHO/SOFO/SOVO
RM 880,000
1,001 sqft Sep 2021
RM 879.00 PSF