THE PALAZZIA in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 835K and a median price per square foot (PSF) of RM 761.
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 835K, with most transactions falling within a stable range of RM 727K to RM 943K, and a typical market range of RM 749K to RM 921K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 761, with core pricing between RM 653 and RM 869. Market pricing typically extends from RM 684.00 to RM 838.00, reflecting moderate variation in unit pricing. With an IQR of RM 154.00 and MAD of RM 108, 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.