Kawasan Jalan Penang in Timur Laut, Penang recorded 2 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM5.40 million and a median price per square foot (PSF) of RM779.

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 RM5.40 million, with most transactions falling within a stable range of RM4.80 million to RM6.00 million, and a typical market range of RM4.80 million to RM6.00 million.

Within the 3-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM779, with core pricing between RM637 and RM921. Market pricing typically extends from RM671.70 to RM886.70, reflecting moderate variation in unit pricing. The spread of RM215.00 (IQR) and deviation of RM142 (MAD) suggest moderate price variations reflecting different property features.

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.