LIST

Penang, Timur Laut, 13

THE PALAZZIA

Area Intelligence
2022
Median Price
RM 599,000
PSF: RM 834
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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. The median price is RM 599K, with most transactions falling within a stable range of RM 580K to RM 645K, and a typical market range of RM 580K to RM 685K.

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 752 and RM 916. 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 82, 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

OSM

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
650 sqft
Office Lot
RM 580,000
Level G
635 sqft · RM 913 PSF
750 sqft
Office Lot
RM 690,000
Level 1
732 sqft · RM 943 PSF
800 sqft
Office Lot
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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