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 |
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Market Snapshot
CommercialRM 525,000
RM 450 psfMedian transaction price
Bellisa Row, Jalan Burma, Pulau Tikus, 10350 George Town, Penang, Malaysia
MapsBellisa 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 355.04 to RM 544.29, 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.