Penang
Timur Laut
13
THE PALAZZIA

THE PALAZZIA

Area Intelligence

2023

Median Price

RM 510,000

PSF: RM 803

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Commercial PSF Trends

Median Price

RM 510,000

RM 803 PSF

THE PALAZZIA in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 803.

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 office lot, though some variety exists in the market.

For price per square foot, the median is RM 803, with most transactions between RM 803 and RM 803. The usual range is RM 726.00 to RM 880.00, showing that most units are priced quite close to each other. With an IQR of RM 154.00 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.

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THE PALAZZIA, Timur Laut, Penang

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