Plaza Ivory

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

Property Transactions

5 subsales grouped by size · Shop →

Median
RM 750,000
PSF
RM 591
Price Size
Period
transactions middle 50% (P25–P75)
350 sqft
Shop
RM 210,000
Level 2
355 sqft · RM 591 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
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
© OpenStreetMap · CARTO

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

Maps

Plaza Ivory in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 750K 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 750K, with most transactions falling within a stable range of RM 210K to RM 1.29 million, and a typical market range of RM 515K to RM 985K.

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

Price per square foot shows a median of RM 591, though individual units vary from RM 214 to RM 968 in the core range. The broader market spans RM 426.45 to RM 755.95, indicating diverse property characteristics. A wider spread (IQR: RM 329.50) and deviation (MAD: RM 377) indicate significant PSF variations, likely due to diverse property types or conditions.

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.