Office · Penang
George Town
Penang’s commercial and office core on the island, blending heritage and modern business space.
Market data
George Town at a glance.
| Metric | Latest | Source |
|---|---|---|
| Average rent (RM / sqft / month) | Compiling | — |
| Occupancy rate (%) | Compiling | — |
| Capital value (RM / sqft) | Compiling | — |
| Indicative net yield (%) | Compiling | — |
| Existing stock (sqft / units) | Compiling | — |
| Incoming supply (sqft / units) | Compiling | — |
Figures are compiled from official NAPIC publications and named commercial research houses, each cited with its reporting period. Where a verified figure is not yet available we mark the datapoint as compiling rather than estimate it. Indicative yields are derived from prevailing rents and capital values and are guidance only, not valuation advice.