Bellisa Row
Jalan Burma, Pulau Tikus, 10350 George Town, Penang, Malaysia
Jalan Burma, Pulau Tikus, 10350 George Town, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 3
|
RM 420,000
|
RM 386
|
1,087 sqft
|
|
Office |
|
Level 5
|
RM 235,000
|
RM 682
|
344 sqft
|
|
Shop |
| 2023 | |||||
|
Level 2
|
RM 670,000
|
RM 616
|
1,087 sqft
|
|
Office |
|
Level 4
|
RM 380,000
|
RM 406
|
936 sqft
|
|
Office |
|
Level 4
|
RM 800,000
|
RM 393
|
2,034 sqft
|
|
Office |
|
Level 5
|
RM 170,000
|
RM 494
|
344 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 400,000
RM 450 psfMedian transaction price
Bellisa Row, Jalan Burma, Pulau Tikus, 10350 George Town, Penang, Malaysia
MapsBellisa Row in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 400K and a median price per square foot (PSF) of RM 494.
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 400K, with most transactions falling within a stable range of RM 203K to RM 598K, and a typical market range of RM 232K to RM 568K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 494, with core pricing between RM 433 and RM 554. Market pricing typically extends from RM 398.92 to RM 588.17, reflecting moderate variation in unit pricing. With an IQR of RM 189.25 and MAD of RM 61, 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.