MENARA PERDANA Property Investment Analysis
MENARA PERDANA in Timur Laut, Penang recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 796K and a median price per square foot (PSF) of RM 592.
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 796K, with most transactions falling within a stable range of RM 650K to RM 942K, and a typical market range of RM 654K to RM 939K.
Most transactions involved industrial unit, with minimal variety in property types.
For price per square foot, the median is RM 592, with most transactions between RM 546 and RM 638. The usual range is RM 541.50 to RM 642.50, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.
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. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Industrial Unit |
|
RM 950,000
|
RM 684.00
|
1,389 sqft
|
Jan 2025
|
Industrial Unit |
|
RM 646,000
|
RM 588.00
|
1,098 sqft
|
Feb 2024
|
Industrial Unit |
|
RM 1,020,000
|
RM 735.00
|
1,389 sqft
|
Jan 2024
|
Industrial Unit |
|
RM 1,200,000
|
RM 590.00
|
2,034 sqft
|
Dec 2023
|
Industrial Unit |
|
RM 1,454,000
|
RM 715.00
|
2,034 sqft
|
Nov 2023
|
Industrial Unit |
|
RM 796,000
|
RM 725.00
|
1,098 sqft
|
Nov 2023
|
Industrial Unit |
|
RM 1,100,000
|
RM 710.00
|
1,550 sqft
|
Sep 2023
|
Industrial Unit |
|
RM 1,100,000
|
RM 715.00
|
1,539 sqft
|
Sep 2023
|
Industrial Unit |
|
RM 750,000
|
RM 540.00
|
1,389 sqft
|
Jun 2023
|
Industrial Unit |
|
RM 917,000
|
RM 592.00
|
1,550 sqft
|
Feb 2023
|
Industrial Unit |
|
RM 917,000
|
RM 596.00
|
1,539 sqft
|
Feb 2023
|
Industrial Unit |
|
RM 1,200,000
|
RM 590.00
|
2,034 sqft
|
Nov 2022
|
Industrial Unit |
|
RM 900,000
|
RM 648.00
|
1,389 sqft
|
Aug 2022
|
Industrial Unit |
|
RM 650,000
|
RM 468.00
|
1,389 sqft
|
Aug 2022
|
Industrial Unit |
|
RM 750,000
|
RM 611.00
|
1,227 sqft
|
Aug 2022
|
Industrial Unit |
|
RM 700,000
|
RM 638.00
|
1,098 sqft
|
Aug 2022
|
Industrial Unit |
|
RM 700,000
|
RM 638.00
|
1,098 sqft
|
Aug 2022
|
Industrial Unit |
|
RM 604,000
|
RM 550.00
|
1,098 sqft
|
Jul 2022
|
Industrial Unit |
|
RM 791,000
|
RM 570.00
|
1,389 sqft
|
May 2022
|
Industrial Unit |
|
RM 615,000
|
RM 560.00
|
1,098 sqft
|
May 2022
|
Industrial Unit |
|
RM 800,000
|
RM 539.00
|
1,485 sqft
|
Apr 2022
|
Industrial Unit |
|
RM 791,000
|
RM 570.00
|
1,389 sqft
|
Apr 2022
|
Industrial Unit |
|
RM 520,000
|
RM 474.00
|
1,098 sqft
|
Oct 2021
|