Timur Laut
commercial Transaction Prices
Timur Laut is one of the many cities located in Pulau Pinang, Malaysia. The median transacted price for the city of Timur Laut is RM 624,000 with a median transacted price of RM 757.80 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 624,000
-20.00% YoY
Lower: RM 359,500
Upper: RM 1,192,500
Median price per sq.ft. (psf)
RM 757.80
-2.38% YoY
Lower: RM 384.00
Upper: RM 941.26
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.
Timur Laut Median Price Psf
Timur Laut Property Transactions: Areas, Projects, and Buildings
59 Results (90 Transactions)
| Project/township/building | Tenure | Type | Median price | Median PSF | Transaction |
|---|---|---|---|---|---|
THE TAMARIND Timur Laut, Pulau Pinang | Freehold | Service Residence | RM 844,000 | RM 825 | 6 |
MENARA VOS Timur Laut, Pulau Pinang | Freehold | Soho | RM 384,500 | RM 809 | 6 |
CITY OF DREAMS Timur Laut, Pulau Pinang | Freehold | Service Residence | RM 1,303,500 | RM 1,101 | 4 |
GURNEY TOWER Timur Laut, Pulau Pinang | Freehold | Office | RM 470,000 | RM 689 | 4 |
KAWASAN JALAN DATO KERAMAT Timur Laut, Pulau Pinang | Freehold | Shop | RM 3,600,000 | RM 1,274 | 3 |
SUNSHINE RESIDENCE Timur Laut, Pulau Pinang | Freehold | Service Residence | RM 693,000 | RM 522 | 3 |
SANDY BAY HOTEL Timur Laut, Pulau Pinang | Freehold | Service Residence | RM 240,000 | RM 300 | 3 |
BANDAR BARU AYER ITAM Timur Laut, Pulau Pinang | Freehold | Shop | RM 1,357,500 | RM 1,011 | 2 |
KAWASAN JALAN JELUTONG Timur Laut, Pulau Pinang | Freehold | Shop | RM 725,000 | RM 712 | 2 |
HARBOUR TRADE CENTER Timur Laut, Pulau Pinang | Leasehold | Office | RM 325,000 | RM 226 | 2 |
THE TAMARIND
Timur Laut, Pulau Pinang
MENARA VOS
Timur Laut, Pulau Pinang
CITY OF DREAMS
Timur Laut, Pulau Pinang
GURNEY TOWER
Timur Laut, Pulau Pinang
KAWASAN JALAN DATO KERAMAT
Timur Laut, Pulau Pinang
SUNSHINE RESIDENCE
Timur Laut, Pulau Pinang
SANDY BAY HOTEL
Timur Laut, Pulau Pinang
BANDAR BARU AYER ITAM
Timur Laut, Pulau Pinang
KAWASAN JALAN JELUTONG
Timur Laut, Pulau Pinang
HARBOUR TRADE CENTER
Timur Laut, Pulau Pinang
Frequently Asked Questions
What factors affect commercial property prices in Timur Laut, Pulau Pinang?
Commercial property prices in Timur Laut, Pulau Pinang are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Timur Laut, Pulau Pinang?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Timur Laut, Pulau Pinang.
How have commercial property prices changed recently in Timur Laut, Pulau Pinang?
In the past 12 months, commercial property prices in Timur Laut, Pulau Pinang have decreased by -20.00% YoY.
What is the median price for commercial property in Timur Laut, Pulau Pinang?
The median price for commercial property in Timur Laut, Pulau Pinang is RM 624,000.
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.