MENARA PERDANA

MENARA PERDANA in Timur Laut, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 791K and a median price per square foot (PSF) of RM 594.

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 791K, with most transactions falling within a stable range of RM 645K to RM 937K, and a typical market range of RM 649K to RM 934K.

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

For price per square foot, the median is RM 594, with most transactions between RM 548 and RM 640. The usual range is RM 543.50 to RM 644.50, 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.