MENARA PERDANA

Area Intelligence
2023
Median Price
RM 1,008,500
PSF: RM 653

Commercial PSF Trends

Median Price

RM 1,008,500

RM 653 PSF

MENARA PERDANA in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 1.01 million and a median price per square foot (PSF) of RM 653.

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 1.01 million, with most transactions falling within a stable range of RM 935K to RM 917K, and a typical market range of RM 866K to RM 917K.

Most transactions involved industrial unit, with minimal variety in property types.

The median PSF stands at RM 653, with core pricing between RM 585 and RM 721. Market pricing typically extends from RM 602.50 to RM 703.50, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 68, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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MENARA PERDANA, Timur Laut, Penang

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Transactions

4 transactions grouped by size

1,100 sqft
Industrial Unit
RM 796,000
Level 6
1,098 sqft · RM 725 PSF
1,400 sqft
Industrial Unit
RM 750,000
Level 7
1,389 sqft · RM 540 PSF
1,550 sqft
Industrial Unit
RM 917,000
Level 4
1,539 sqft · RM 596 PSF
RM 917,000
Level 4
1,550 sqft · RM 592 PSF

No Properties For Sale

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

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