Penang
Timur Laut
13
VANDA BUSINESS PARK

VANDA BUSINESS PARK

Area Intelligence

2023

Median Price

RM 550,000

PSF: RM 655

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Commercial PSF Trends

Median Price

RM 550,000

RM 655 PSF

VANDA BUSINESS PARK in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 655.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 655, with most transactions between RM 655 and RM 655. The usual range is RM 610.25 to RM 699.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 0, 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.

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VANDA BUSINESS PARK, Timur Laut, Penang

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