PAN PALACE PLAZA

PAN PALACE PLAZA in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 312K and a median price per square foot (PSF) of RM 855.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 855, with most transactions between RM 855 and RM 855. The usual range is RM 719.25 to RM 989.75, showing that most units are priced quite close to each other. With an IQR of RM 270.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.