Plaza Ivory

Block 2B, Plaza Ivory, Halaman Bukit Gambir, Sunway Bukit Gambier, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size · Shop →

Median
RM 430,000
PSF
RM 591
350 sqft
Shop
RM 210,000
Level 2
355 sqft · RM 591 PSF
RM 195,000
Level 2
355 sqft · RM 549 PSF
550 sqft
Shop
RM 750,000
Level 1
527 sqft · RM 1,422 PSF
700 sqft
Shop
RM 350,000
Level 3
721 sqft · RM 485 PSF
RM 430,000
Level 3
710 sqft · RM 605 PSF
1,500 sqft
Office
RM 750,000
Level 2
1,518 sqft · RM 494 PSF
1,600 sqft
Shop
RM 1,760,000
Level 1
1,604 sqft · RM 1,097 PSF
Legend Recent Highest Price Highest PSF
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Universiti Place- Plaza Ivory
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Block 2B, Plaza Ivory, Halaman Bukit Gambir, Sunway Bukit Gambier, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

Plaza Ivory in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 430K and a median price per square foot (PSF) of RM 591.

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 430K, with most transactions falling within a stable range of RM 195K to RM 665K, and a typical market range of RM 195K to RM 665K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM 591, with core pricing between RM 494 and RM 688. Market pricing typically extends from RM 426.45 to RM 755.95, reflecting moderate variation in unit pricing. The spread of RM 329.50 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.