VANDA BUSINESS PARK

VANDA BUSINESS PARK in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 588K and a median price per square foot (PSF) of RM 700.

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 588K, with most transactions falling within a stable range of RM 550K to RM 652K, and a typical market range of RM 551K to RM 626K.

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

The median PSF stands at RM 700, with core pricing between RM 624 and RM 776. Market pricing typically extends from RM 655.25 to RM 744.75, reflecting moderate variation in unit pricing. With an IQR of RM 89.50 and MAD of RM 76, 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.