Penang
Timur Laut
Georgetown
MENARA NORTHAM

MENARA NORTHAM

Area Intelligence

Median Price

RM 390,000

PSF: RM 636

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Commercial PSF Trends

Median Price

RM 390,000

RM 636 PSF

MENARA NORTHAM in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 390K and a median price per square foot (PSF) of RM 636.

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 390K, with most transactions falling within a stable range of RM 300K to RM 480K, and a typical market range of RM 345K to RM 435K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM 636, though individual units vary from RM 489 to RM 782 in the core range. The broader market spans RM 562.25 to RM 708.75, indicating diverse property characteristics. The spread of RM 146.50 (IQR) and deviation of RM 147 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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MENARA NORTHAM, Timur Laut, Penang

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