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PINE VALLEY BUSINESS CENTRE

Timur Laut, Pulau Pinang · Commercial · 5 recorded sales, Nov 2021 to Aug 2024

No sale recorded since Aug 20243 - 3 1/2 Storey Shop · 5
RM 465psf 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 455 – 485 psf
Median price
RM 2,350,000
Price range
RM 1.70m – RM 2.45m
Main floor area
5,056 – 5,056 sq ft
Land area
2,207 – 3,520 sq ft
Median price per sq ft of land
RM 1,030

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 2,282 sq ft against 5,056. 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 Aug 2024. Last on record: 9 Aug 2024.

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.

20211 · RM 485 psf
20222 · RM 410 psf
20231 · RM 465 psf
20241 · RM 455 psf

Quarterly medians · not a price trend

3184105022021 Q4 — RM 485 psf, 1 sale2022 Q1 — RM 485 psf, 1 sale2022 Q4 — RM 336 psf, 1 sale2023 Q3 — RM 465 psf, 1 sale2024 Q3 — RM 455 psf, 1 sale
2021 Q42024 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 346–356 psf — 1 saleRM 356–366 psf — 0 salesRM 366–376 psf — 0 salesRM 376–385 psf — 0 salesRM 385–395 psf — 0 salesRM 395–405 psf — 0 salesRM 405–415 psf — 0 salesRM 415–425 psf — 0 salesRM 425–435 psf — 0 salesRM 435–445 psf — 0 salesRM 445–455 psf — 0 salesRM 455–465 psf — 1 saleRM 465–475 psf — 1 saleRM 475–485 psf — 2 sales
RM 346RM 485 psf

Each bar counts sales in a RM 10 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
9 Aug 20243 - 3 1/2 Storey Shop5,056RM 2,300,000455Freehold
24 Jul 20233 - 3 1/2 Storey Shop5,056RM 2,350,000465Freehold
12 Oct 20223 - 3 1/2 Storey Shop5,056RM 1,700,000336Freehold
17 Jan 20223 - 3 1/2 Storey Shop5,056RM 2,450,000485Freehold
2 Nov 20213 - 3 1/2 Storey Shop5,056RM 2,450,000485Freehold

Others in Timur Laut · commercial

WISMA CENTRAL
49 sales
BANDAR BARU AYER ITAM
RM 464 psf · 28 sales
HARBOUR TRADE CENTER
27 sales
BAZAAR TANJUNG/PRIMA TANJUNG
25 sales
GURNEY TOWER
20 sales
THE CEO/ CEO AVENUE
19 sales
KOMPLEK JALAN KEDAH
RM 310 psf · 17 sales
NORTHAM TOWER (MANSION ONE)
15 sales

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.