VANDA BUSINESS PARK

VANDA BUSINESS PARK in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 700K 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 700K, with most transactions falling within a stable range of RM 662K to RM 738K, and a typical market range of RM 663K to RM 738K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 834, with most transactions between RM 789 and RM 879. The usual range is RM 789.25 to RM 878.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 45, 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.