Maritime Suite
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 16
|
RM885,000
|
RM924
|
958 sqft
|
|
|
|
Level 21
|
RM840,000
|
RM897
|
936 sqft
|
|
|
|
Level 9
|
RM760,000
|
RM821
|
926 sqft
|
|
|
|
Level 21
|
RM868,000
|
RM906
|
958 sqft
|
|
|
|
Level 16
|
RM830,000
|
RM886
|
936 sqft
|
|
|
|
Level 15
|
RM760,000
|
RM802
|
947 sqft
|
|
|
Level 18
|
RM950,000
|
RM929
|
1,023 sqft
|
|
|
|
Level 5
|
RM900,000
|
RM880
|
1,023 sqft
|
|
|
Level 15
|
RM1,000,000
|
RM929
|
1,076 sqft
|
|
|
|
Level 22
|
RM980,000
|
RM910
|
1,076 sqft
|
|
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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
CommercialRM880,000
RM897 psfMedian transaction price
Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia
MapsMaritime Suite in Timur Laut, Penang recorded 11 subsale transactions in 2022, with a median price of RM880K and a median price per square foot (PSF) of RM897.
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 RM880K, with most transactions falling within a stable range of RM805K to RM956K, and a typical market range of RM835K to RM925K.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM897, with most transactions between RM856 and RM938. The usual range is RM860.88 to RM933.13, showing that most units are priced quite close to each other. With an IQR of RM72.25 and MAD of RM41, 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.