Kaw. Jalan Tan Sri Teh Ewe Lim in Timur Laut, Penang recorded 3 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM2.00 million and a median price per square foot (PSF) of RM2,693.

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 RM2.00 million, with most transactions falling within a stable range of RM2.00 million to RM2.99 million, and a typical market range of RM2.00 million to RM2.36 million.

Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM2,693, with most transactions between RM2,661 and RM2,725. The usual range is RM2,600.09 to RM2,785.59, showing that most units are priced quite close to each other. With an IQR of RM185.50 and MAD of RM32, 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.