Maritime Suite
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
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Maritime Suite
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM780,000
RM863 psfMedian transaction price
Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia
MapsMaritime Suite in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM780K and a median price per square foot (PSF) of RM863.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM863, with most transactions between RM863 and RM863. The usual range is RM826.55 to RM898.80, showing that most units are priced quite close to each other. With an IQR of RM72.25 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.