MENARA PERDANA

MENARA PERDANA in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 833K and a median price per square foot (PSF) of RM 662.

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 833K, with most transactions falling within a stable range of RM 687K to RM 979K, and a typical market range of RM 691K to RM 976K.

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

For price per square foot, the median is RM 662, with most transactions between RM 616 and RM 708. The usual range is RM 611.00 to RM 712.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.