Vanda Business Park
Desa Permai Indah, 11700 Gelugor, Pulau Pinang, Malaysia
Desa Permai Indah, 11700 Gelugor, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 588,000
|
RM 700
|
840 sqft
|
|
|
|
Level 2
|
RM 700,000
|
RM 834
|
840 sqft
|
|
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Desa Permai Indah, 11700 Gelugor, Pulau Pinang, Malaysia
MapsVanda Business Park in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 644K and a median price per square foot (PSF) of RM 767.
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 644K, with most transactions falling within a stable range of RM 588K to RM 700K, and a typical market range of RM 607K to RM 682K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 767, with most transactions between RM 700 and RM 834. The usual range is RM 722.30 to RM 811.80, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 67, 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.