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 18
|
RM730,000
|
RM729
|
1,001 sqft
|
|
|
|
Level 19
|
RM880,000
|
RM879
|
1,001 sqft
|
|
Selling in Maritime Suite? Homes here sold for a median of RM730,000.
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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
CommercialRM730,000
RM778 psfMedian transaction price
Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia
MapsMaritime Suite in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM730K and a median price per square foot (PSF) of RM778.
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 RM730K, with most transactions falling within a stable range of RM720K to RM803K, and a typical market range of RM720K to RM775K.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM778, with most transactions between RM715 and RM840. The usual range is RM741.67 to RM813.92, showing that most units are priced quite close to each other. With an IQR of RM72.25 and MAD of RM62, 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.