Area Intelligence

D'PIAZZA MALL

5 properties
2022
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Median Price
RM 697,000
PSF: RM 435

Commercial Market

Median Price

RM 697,000

IQR: RM 210
MAD: RM 55
RM 435 PSF 18.0%

PSF Trends (2021-2025)

D'PIAZZA MALL in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 697K and a median price per square foot (PSF) of RM 435.

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 RM 697K, with most transactions falling within a stable range of RM 504K to RM 890K, and a typical market range of RM 493K to RM 900K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 435, with most transactions between RM 403 and RM 467. The usual range is RM 330.25 to RM 539.75, showing that most units are priced quite close to each other. With an IQR of RM 209.50 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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D'PIAZZA MALL, Barat Daya, Penang

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Transactions

5 properties grouped by size

1,050 sqft
2 units Shop/Retail Lot
RM 403,000
1,044 sqft · RM 386.00 PSF
Mar 2022
RM 476,000
1,044 sqft · RM 456.00 PSF
Mar 2022
1,800 sqft
2 units Shop/Retail Lot
RM 824,000
1,808 sqft · RM 456.00 PSF
Mar 2022
RM 697,000
1,808 sqft · RM 385.00 PSF
Mar 2022
2,050 sqft
1 units Shop/Retail Lot
RM 900,000
2,067 sqft · RM 435.00 PSF
Oct 2022