Area Intelligence

D'PIAZZA MALL

8 properties
2023
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Median Price
RM 418,000
PSF: RM 431

Commercial Market

Median Price

RM 418,000

IQR: RM 210
MAD: RM 55
RM 431 PSF 18.0%

PSF Trends (2021-2025)

D'PIAZZA MALL in Barat Daya, Penang recorded 8 subsale transactions in 2023, with a median price of RM 418K and a median price per square foot (PSF) of RM 431.

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 418K, with most transactions falling within a stable range of RM 152K to RM 749K, and a typical market range of RM 214K to RM 623K.

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

Price per square foot shows a median of RM 431, though individual units vary from RM 289 to RM 572 in the core range. The broader market spans RM 325.75 to RM 535.25, indicating diverse property characteristics. A wider spread (IQR: RM 209.50) and deviation (MAD: RM 141) 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.

Area Location

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D'PIAZZA MALL, Barat Daya, Penang

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Transactions

8 properties grouped by size

200 sqft
2 units Shop/Retail Lot
RM 152,000
215 sqft · RM 706.00 PSF
Jul 2023
RM 152,000
215 sqft · RM 706.00 PSF
Jul 2023
1,050 sqft
3 units Shop/Retail Lot
RM 416,000
1,044 sqft · RM 398.00 PSF
Sep 2023
RM 420,000
1,044 sqft · RM 402.00 PSF
Sep 2023
RM 385,000
1,044 sqft · RM 369.00 PSF
Apr 2023
1,800 sqft
3 units Shop/Retail Lot
RM 830,000
1,808 sqft · RM 459.00 PSF
Sep 2023
RM 1,184,000
1,808 sqft · RM 655.00 PSF
Sep 2023
RM 700,000
1,808 sqft · RM 387.00 PSF
Apr 2023