Maritime Suite
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 20
|
RM1,000,000
|
RM1,080
|
926 sqft
|
|
|
|
Level 7
|
RM820,000
|
RM856
|
958 sqft
|
|
|
|
Level 17
|
RM850,000
|
RM918
|
926 sqft
|
|
|
Level 23
|
RM900,000
|
RM828
|
1,087 sqft
|
|
|
|
Level 8
|
RM860,000
|
RM799
|
1,076 sqft
|
|
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Maritime Suite
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
CommercialRM860,000
RM872 psfMedian transaction price
Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia
MapsMaritime Suite in Timur Laut, Penang recorded 9 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM860K and a median price per square foot (PSF) of RM872.
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 RM860K, with most transactions falling within a stable range of RM767K to RM953K, and a typical market range of RM815K to RM905K.
Within the Office Lot category, soho/sofo/sovo dominated the market, though some variety exists in the market.
For price per square foot, the median is RM872, with most transactions between RM796 and RM948. The usual range is RM836.03 to RM908.28, showing that most units are priced quite close to each other. With an IQR of RM72.25 and MAD of RM76, 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.