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KAWASAN JLN PENANG

Timur Laut, Pulau Pinang · Commercial · 5 recorded sales, Jun 2022 to Jul 2023

No sale recorded since Jul 20232 - 2 1/2 Storey Shop · 33 - 3 1/2 Storey Shop · 2
RM 703psf median, against main floor area · 5 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 637922 psf
Median price
RM 4,800,000
Price range
RM 900kRM 6.00m
Main floor area
1,2807,535 sq ft
Land area
1,0643,912 sq ft
Median price per sq ft of land
RM 1,265

Median of 5 sales that carry a usable area, out of 5 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 2,764 sq ft against 4,306. 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 Jul 2023. Last on record: 31 Jul 2023.

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.

20224 · RM 670 psf
20231 · RM 922 psf

Quarterly medians · not a price trend

6037799562022 Q2 — RM 637 psf, 3 sales2022 Q4 — RM 703 psf, 1 sale2023 Q3 — RM 922 psf, 1 sale
2022 Q22023 Q3
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 · 5 priced sales

RM 585–627 psf — 1 saleRM 627–668 psf — 1 saleRM 668–710 psf — 1 saleRM 710–751 psf — 0 salesRM 751–793 psf — 0 salesRM 793–834 psf — 0 salesRM 834–876 psf — 0 salesRM 876–917 psf — 0 salesRM 917–959 psf — 1 saleRM 959–1,001 psf — 0 salesRM 1,001–1,042 psf — 0 salesRM 1,042–1,084 psf — 0 salesRM 1,084–1,125 psf — 0 salesRM 1,125–1,167 psf — 1 sale
RM 585RM 1,167 psf

Each bar counts sales in a RM 42 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 · 5 of 5

DateTypeArea (sq ft)PricepsfTenure
31 Jul 20233 - 3 1/2 Storey Shop6,509RM 6,000,000922Freehold
16 Dec 20222 - 2 1/2 Storey Shop1,280RM 900,000703Freehold
30 Jun 20222 - 2 1/2 Storey Shop4,306RM 2,500,000581Freehold
13 Jun 20222 - 2 1/2 Storey Shop4,167RM 4,950,0001,188Freehold
13 Jun 20223 - 3 1/2 Storey Shop7,535RM 4,800,000637Freehold

Others in Timur Laut · commercial

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.