Wisma Central
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
| LIST.MY · Wisma Central | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Level 1
|
RM157,000
|
RM838
|
187 sqft
|
|
Office |
|
Level 2
|
RM87,000
|
RM465
|
187 sqft
|
|
Office |
|
Level 3
|
RM78,000
|
RM416
|
187 sqft
|
|
Office |
|
Level 2
|
RM92,000
|
RM467
|
197 sqft
|
|
Office |
|
Level 3
|
RM89,000
|
RM418
|
213 sqft
|
|
Office |
|
Level 2
|
RM103,000
|
RM467
|
221 sqft
|
|
Office |
|
Level 3
|
RM92,000
|
RM417
|
221 sqft
|
|
Office |
|
Level 3
|
RM80,000
|
RM420
|
191 sqft
|
|
Shop |
| 2022 | |||||
|
Level 3
|
RM75,000
|
RM400
|
187 sqft
|
|
Office |
|
Level 2
|
RM101,000
|
RM453
|
223 sqft
|
|
Office |
| 2021 | |||||
|
Level 2
|
RM75,000
|
RM400
|
187 sqft
|
|
Office |
|
Level 3
|
RM83,000
|
RM443
|
187 sqft
|
|
Office |
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM88,000
RM432 psfMedian transaction price
No. 12, Lrg Kinta, 10400 George Town, Pulau Pinang, Malaysia
MapsWisma Central in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2026, sized between 175 and 224 sqft, with a median price of RM88K and a median price per square foot (PSF) of RM432.
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 RM88K, with most transactions falling within a stable range of RM75K to RM109K, and a typical market range of RM75K to RM140K.
Most transactions involved office lot, though some variety exists in the market.
Price per square foot shows a median of RM432, though individual units vary from RM317 to RM546 in the core range. The broader market spans RM406.03 to RM457.03, indicating diverse property characteristics. A wider spread (IQR: RM51.00) and deviation (MAD: RM114) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.