Penang
Timur Laut
13
THE PALAZZIA

THE PALAZZIA

Area Intelligence

2022

Median Price

RM 599,000

PSF: RM 834

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 599,000

RM 834 PSF

THE PALAZZIA in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 599K and a median price per square foot (PSF) of RM 834.

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 834, with most transactions between RM 834 and RM 834. The usual range is RM 757.00 to RM 911.00, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

THE PALAZZIA, Timur Laut, Penang

OSM