Pulau Pinang
Commercial Transaction Prices
Pulau Pinang is one of the 13 states in Malaysia. The median transacted price for the state of Pulau Pinang is RM 600,000 with a median transacted price of RM 497.70 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 600,000
-11.76% YoY
Lower: RM 380,000
Upper: RM 910,000
Median price per sq.ft. (psf)
RM 497.70
-5.41% YoY
Lower: RM 363.72
Upper: RM 686.68
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Pulau Pinang Median Price Psf
Pulau Pinang Property Transactions: Areas, Projects, and Buildings
192 Results (315 Transactions)
| Project/township/building | Tenure | Type | Median price | Median PSF | Transaction |
|---|---|---|---|---|---|
BANDAR TASEK MUTIARA Seberang Perai Selatan, Pulau Pinang | Freehold | Shop | RM 700,000 | RM 465 | 9 |
MENARA VOS Timur Laut, Pulau Pinang | Freehold | Soho | RM 384,500 | RM 809 | 6 |
BAYAN CITY / ELITE HEIGHT Barat Daya, Pulau Pinang | Freehold | Service Residence | RM 665,000 | RM 436 | 6 |
RUMAH PANGSA MUTIARA INDAH Seberang Perai Selatan, Pulau Pinang | Freehold | Shop | RM 250,000 | RM 407 | 5 |
TAMAN NURI EMAS Seberang Perai Selatan, Pulau Pinang | Freehold | Shop | RM 969,000 | RM 721 | 5 |
BANDAR BUTTERWORTH Seberang Perai Utara, Pulau Pinang | Freehold | Shop | RM 560,000 | RM 447 | 4 |
LUMINARI @ HARBOUR PLACE Seberang Perai Utara, Pulau Pinang | Freehold | Service Residence | RM 592,500 | RM 526 | 4 |
GURNEY TOWER Timur Laut, Pulau Pinang | Freehold | Office | RM 470,000 | RM 689 | 4 |
CITY OF DREAMS Timur Laut, Pulau Pinang | Freehold | Service Residence | RM 1,303,500 | RM 1,101 | 4 |
MENARA MAHKOTA IMPIAN Seberang Perai Tengah, Pulau Pinang | Freehold | Service Residence | RM 407,500 | RM 359 | 4 |
BANDAR TASEK MUTIARA
Seberang Perai Selatan, Pulau Pinang
MENARA VOS
Timur Laut, Pulau Pinang
BAYAN CITY / ELITE HEIGHT
Barat Daya, Pulau Pinang
RUMAH PANGSA MUTIARA INDAH
Seberang Perai Selatan, Pulau Pinang
TAMAN NURI EMAS
Seberang Perai Selatan, Pulau Pinang
BANDAR BUTTERWORTH
Seberang Perai Utara, Pulau Pinang
LUMINARI @ HARBOUR PLACE
Seberang Perai Utara, Pulau Pinang
GURNEY TOWER
Timur Laut, Pulau Pinang
CITY OF DREAMS
Timur Laut, Pulau Pinang
MENARA MAHKOTA IMPIAN
Seberang Perai Tengah, Pulau Pinang
Frequently Asked Questions
What factors affect commercial property prices in Pulau Pinang, Malaysia?
Commercial property prices in Pulau Pinang, Malaysia are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Pulau Pinang, Malaysia?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Pulau Pinang, Malaysia.
How have commercial property prices changed recently in Pulau Pinang, Malaysia?
In the past 12 months, commercial property prices in Pulau Pinang, Malaysia have decreased by -11.76% YoY.
What is the median price for commercial property in Pulau Pinang, Malaysia?
The median price for commercial property in Pulau Pinang, Malaysia is RM 600,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.