Menara BHL

51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM850,000
PSF
RM908

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM280,000
Level 3
958 sqft · RM292 PSF
RM850,000
Level 1
936 sqft · RM908 PSF
RM930,000
Level 1
936 sqft · RM993 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM850,000

RM908 psf

Median transaction price

Dis3Plex
© OpenStreetMap · CARTO

Menara BHL, 51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Maps

Menara BHL in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 925 and 974 sqft, with a median price of RM850K and a median price per square foot (PSF) of RM908.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM850K, with most transactions falling within a stable range of RM561K to RM930K, and a typical market range of RM640K to RM930K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM908, though individual units vary from RM595 to RM1,220 in the core range. The broader market spans RM758.05 to RM1,057.30, indicating diverse property characteristics. A wider spread (IQR: RM299.25) and deviation (MAD: RM312) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.