PRANGIN MALL
Commercial Market
Median Price
RM 250,000
PSF Trends (2021-2025)
PRANGIN MALL in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 436.
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 RM 436, with most transactions between RM 436 and RM 436. The usual range is RM 389.75 to RM 482.25, showing that most units are priced quite close to each other. With an IQR of RM 92.50 and MAD of RM 0, 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.
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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop/Retail Lot |
|
RM 250,000
|
RM 436.00
|
573 sqft
|
Jan 2022
|