BELLISA ROW

BELLISA ROW in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 525K and a median price per square foot (PSF) of RM 450.

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 525K, with most transactions falling within a stable range of RM 328K to RM 723K, and a typical market range of RM 357K to RM 693K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM 450, with core pricing between RM 390 and RM 511. Market pricing typically extends from RM 355.38 to RM 544.63, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.