Wisma Central

No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia

Property Transactions

5 subsales found

Median
RM107,000
PSF
RM465

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM85,000
Level 3
227 sqft RM374 PSF
RM106,000
Level 2
227 sqft RM467 PSF
RM107,000
Level 2
230 sqft RM465 PSF
RM219,000
Level 1
262 sqft RM837 PSF
RM113,000
Level 3
269 sqft RM420 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM107,000

RM465 psf

Median transaction price

Wisma Central
© OpenStreetMap · CARTO

No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia

Maps

Wisma Central in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 225 and 274 sqft, with a median price of RM107K and a median price per square foot (PSF) of RM465.

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 RM107K, with most transactions falling within a stable range of RM85K to RM154K, and a typical market range of RM85K to RM159K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM465, though individual units vary from RM299 to RM630 in the core range. The broader market spans RM439.01 to RM490.01, indicating diverse property characteristics. A wider spread (IQR: RM51.00) and deviation (MAD: RM166) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.