THE PALAZZIA

Area Intelligence
Median Price
RM 599,000
PSF: RM 857

Commercial PSF Trends

Median Price

RM 599,000

RM 857 PSF

THE PALAZZIA in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 599K and a median price per square foot (PSF) of RM 857.

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 857, with most transactions between RM 857 and RM 857. The usual range is RM 780.00 to RM 934.00, 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.

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THE PALAZZIA, Timur Laut, Penang

OSM

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Transactions

6 transactions grouped by size

650 sqft
Office Lot
RM 510,000
Level 1
635 sqft · RM 803 PSF
RM 580,000
Level G
635 sqft · RM 913 PSF
750 sqft
Office Lot
RM 690,000
Level 1
732 sqft · RM 943 PSF
RM 280,000
Level 2
732 sqft · RM 383 PSF
800 sqft
Office Lot
RM 745,000
Level G
818 sqft · RM 911 PSF
RM 618,000
Level G
818 sqft · RM 755 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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