Kawasan Lebuh Chulia in Timur Laut, Penang recorded 2 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM12.21 million and a median price per square foot (PSF) of RM1,125.

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 RM12.21 million, with most transactions falling within a stable range of RM4.60 million to RM19.82 million, and a typical market range of RM8.41 million to RM16.02 million.

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

The median PSF stands at RM1,125, with core pricing between RM917 and RM1,332. Market pricing typically extends from RM828.50 to RM1,421.00, reflecting moderate variation in unit pricing. The spread of RM592.50 (IQR) and deviation of RM208 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.