NAPIC · PROPERTY MARKET · BUSINESS
How active is the commercial property market?
Read transaction count and transaction value beside population, income and other business signals — without mistaking property activity for customer demand.
H1 2025 SNAPSHOTPulau Pinang
Official NAPIC commercial-property transaction activity for the first half of 2025, combined with PulseKita's state market context.
← Business editionCOMMERCIAL ACTIVITY · PULAU PINANG
How active is the commercial-property market in Pulau Pinang?
Transaction count, capital value and average deal size describe property-market activity. Read them beside market size and income, but do not treat them as customer demand.
CARA MEMBACANYA
Commercial-property activity can indicate liquidity, investment and changing supply, but it does not tell you whether a café, clinic, shop or office will have enough customers or affordable rent.
PULAU PINANG · COMMERCIAL MARKET BOARDProperty-market activity, not an opportunity verdict.
Commercial transactions
#6of 16 states / territories
H1 2025 · NAPIC commercial-property transactions
Commercial transaction value
#4of 16 states / territories
H1 2025 · reported transaction value
Average value per transaction
Derived as total commercial transaction value divided by count. Large deals can move this number sharply.
Population
2026 · people
Median household income
2024 · median monthly household income · RM
Median formal wage
Dec 2025 · median monthly formal wage · RM
Average house price
2025P · residential, not commercial rent
MALAYSIA · H1 2025Compare commercial-property activity across states.
H1 2025Selangor
TRANSACTIONS5,209#1
VALUERM 5.81B#2
AVG / DEALRM 1,115,915derived
H1 2025Johor
TRANSACTIONS4,387#2
VALUERM 4.34B#3
AVG / DEALRM 988,525derived
H1 2025Kuala Lumpur
TRANSACTIONS3,647#3
VALUERM 8.78B#1
AVG / DEALRM 2,408,539derived
H1 2025Perak
TRANSACTIONS1,400#4
VALUERM 835.35M#5
AVG / DEALRM 596,679derived
H1 2025Sarawak
TRANSACTIONS1,238#5
VALUERM 817.60M#6
AVG / DEALRM 660,420derived
H1 2025Pulau Pinang
TRANSACTIONS1,100#6
VALUERM 1.14B#4
AVG / DEALRM 1,035,227derived
H1 2025Negeri Sembilan
TRANSACTIONS872#7
VALUERM 531.53M#8
AVG / DEALRM 609,553derived
H1 2025Melaka
TRANSACTIONS859#8
VALUERM 515.01M#9
AVG / DEALRM 599,546derived
H1 2025Sabah
TRANSACTIONS723#9
VALUERM 490.06M#10
AVG / DEALRM 677,815derived
H1 2025Pahang
TRANSACTIONS567#10
VALUERM 597.71M#7
AVG / DEALRM 1,054,162derived
H1 2025Kedah
TRANSACTIONS523#11
VALUERM 266.85M#11
AVG / DEALRM 510,229derived
H1 2025Kelantan
TRANSACTIONS415#12
VALUERM 134.26M#12
AVG / DEALRM 323,518derived
H1 2025Terengganu
TRANSACTIONS219#13
VALUERM 90.70M#13
AVG / DEALRM 414,155derived
H1 2025Perlis
TRANSACTIONS59#14
VALUERM 33.61M#15
AVG / DEALRM 569,661derived
H1 2025Putrajaya
TRANSACTIONS28#15
VALUERM 47.07M#14
AVG / DEALRM 1,681,071derived
H1 2025Labuan
TRANSACTIONS14#16
VALUERM 12.89M#16
AVG / DEALRM 920,714derived
LIVE NAPIC RESEARCH DESKUse current official views after narrowing the state.
HOW TO READ THIS
Commercial property activity is useful — but it is not customer demand.
A high transaction count can mean a large, liquid or changing commercial-property market. A high transaction value can be driven by a few very large deals. Neither measure tells you whether a café, clinic, shop or workshop will attract enough customers.
Use this board to narrow where commercial activity exists, then continue into district data, current NAPIC market-status views, local rent, competitors, footfall and category-specific demand.
Property Market Report H1 2025 · Commercial Property Transactions