Plaza Ivory
Block 2B, Plaza Ivory, Halaman Bukit Gambir, Sunway Bukit Gambier, 11700 Gelugor, Pulau Pinang, Malaysia
Block 2B, Plaza Ivory, Halaman Bukit Gambir, Sunway Bukit Gambier, 11700 Gelugor, Pulau Pinang, Malaysia
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Block 2B, Plaza Ivory, Halaman Bukit Gambir, Sunway Bukit Gambier, 11700 Gelugor, Pulau Pinang, Malaysia
MapsPlaza Ivory in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 325 and 374 sqft, with a median price of RM 203K and a median price per square foot (PSF) of RM 570.
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 203K, with most transactions falling within a stable range of RM 195K to RM 210K, and a typical market range of RM 195K to RM 210K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
For price per square foot, the median is RM 570, with most transactions between RM 549 and RM 591. The usual range is RM 405.34 to RM 734.84, showing that most units are priced quite close to each other. With an IQR of RM 329.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.
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.