BELLISA ROW

BELLISA ROW in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 328K and a median price per square foot (PSF) of RM 534.

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 328K, with most transactions falling within a stable range of RM 130K to RM 525K, and a typical market range of RM 159K to RM 496K.

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

The median PSF stands at RM 534, with core pricing between RM 474 and RM 595. Market pricing typically extends from RM 439.38 to RM 628.63, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.