Maritime Suite

Karpal Singh Dr, 11600 George Town, Penang, Malaysia

Property Transactions

4 subsales found

Median
RM880,000
PSF
RM845

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM900,000
Level 23
1,087 sqft RM828 PSF
RM860,000
Level 8
1,076 sqft RM799 PSF
RM1,000,000
Level 20
926 sqft RM1,080 PSF
RM780,000
Level 10
904 sqft RM863 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM880,000

RM845 psf

Median transaction price

Maritime Suites
© OpenStreetMap · CARTO

Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia

Maps

Maritime Suite in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM880K and a median price per square foot (PSF) of RM845.

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 RM880K, with most transactions falling within a stable range of RM801K to RM959K, and a typical market range of RM835K to RM925K.

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

The median PSF stands at RM845, with core pricing between RM735 and RM956. Market pricing typically extends from RM809.14 to RM881.39, reflecting moderate variation in unit pricing. With an IQR of RM72.25 and MAD of RM111, 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. Limited transaction history suggests carefully evaluating comparable sales data.