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FARLIM SQUARE

Timur Laut, Pulau Pinang · Commercial · 6 recorded sales, Mar 2022 to Apr 2025

No sale recorded since Apr 20253 - 3 1/2 Storey Shop · 6
RM 631psf median, against main floor area · 6 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 571 – 687 psf
Median price
RM 2,344,000
Price range
RM 2.00m – RM 2.60m
Main floor area
3,716 – 3,716 sq ft
Land area
1,195 – 1,324 sq ft
Median price per sq ft of land
RM 1,796

Median of 6 sales that carry a usable area, out of 6 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,324 sq ft against 3,716. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Apr 2025. Last on record: 30 Apr 2025.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20222 · RM 640 psf
20233 · RM 565 psf
20251 · RM 700 psf

Quarterly medians · not a price trend

5196197192022 Q1 — RM 589 psf, 1 sale2022 Q3 — RM 691 psf, 1 sale2023 Q1 — RM 619 psf, 2 sales2023 Q3 — RM 538 psf, 1 sale2025 Q2 — RM 700 psf, 1 sale
2022 Q12025 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 6 priced sales

RM 541–552 psf — 1 saleRM 552–564 psf — 0 salesRM 564–575 psf — 1 saleRM 575–586 psf — 0 salesRM 586–597 psf — 1 saleRM 597–609 psf — 0 salesRM 609–620 psf — 0 salesRM 620–631 psf — 0 salesRM 631–642 psf — 0 salesRM 642–654 psf — 0 salesRM 654–665 psf — 0 salesRM 665–676 psf — 1 saleRM 676–688 psf — 0 salesRM 688–699 psf — 2 sales
RM 541RM 699 psf

Each bar counts sales in a RM 11 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 6 of 6

DateTypeArea (sq ft)PricepsfTenure
30 Apr 20253 - 3 1/2 Storey Shop3,716RM 2,600,000700Freehold
6 Sep 20233 - 3 1/2 Storey Shop3,716RM 2,000,000538Freehold
24 Feb 20233 - 3 1/2 Storey Shop3,716RM 2,500,000673Freehold
16 Feb 20233 - 3 1/2 Storey Shop3,716RM 2,100,000565Freehold
24 Aug 20223 - 3 1/2 Storey Shop3,716RM 2,568,500691Freehold
23 Mar 20223 - 3 1/2 Storey Shop3,716RM 2,188,000589Freehold

Others in Timur Laut · commercial

BANDAR BARU AYER ITAM
RM 464 psf · 28 sales · 1.4 km
TAMAN ORIENTAL
RM 769 psf · 6 sales · 2 km
KIARA INDAH & GOLDHILL COMPLEX
RM 361 psf · 8 sales · 2.3 km
TAMAN TERUBONG INDAH (MAJESTIC HEIGHTS)
5 sales · 3.1 km
JALAN JELUTONG
RM 813 psf · 8 sales · 3.3 km
METRO AVENUE
11 sales · 3.6 km
E-GATE
6 sales · 3.8 km
UNIVERSITI PLACE- PLAZA IVORY
8 sales · 3.8 km

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.