MENARA PERDANA

MENARA PERDANA in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 520K and a median price per square foot (PSF) of RM 474.

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 520K, with most transactions falling within a stable range of RM 374K to RM 666K, and a typical market range of RM 378K to RM 663K.

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

For price per square foot, the median is RM 474, with most transactions between RM 428 and RM 520. The usual range is RM 423.50 to RM 524.50, 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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.