BELLISA ROW

Area Intelligence
2023
Median Price
RM 525,000
PSF: RM 450

Commercial PSF Trends

Median Price

RM 525,000

RM 450 PSF

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 279K to RM 771K, 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 361 and RM 539. Market pricing typically extends from RM 355.38 to RM 544.63, reflecting moderate variation in unit pricing. The spread of RM 189.25 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

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.

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BELLISA ROW, Timur Laut, Penang

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Transactions

4 transactions grouped by size

350 sqft
Shop/Retail Lot
RM 170,000
Level 5
344 sqft · RM 494 PSF
950 sqft
Office Lot
RM 380,000
Level 4
936 sqft · RM 406 PSF
1,100 sqft
Office Lot
RM 670,000
Level 2
1,087 sqft · RM 616 PSF
2,050 sqft
Office Lot
RM 800,000
Level 4
2,034 sqft · RM 393 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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