MENARA PERDANA

MENARA PERDANA in Timur Laut, Penang recorded 11 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 570.

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 750K, with most transactions falling within a stable range of RM 604K to RM 896K, and a typical market range of RM 608K to RM 893K.

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

For price per square foot, the median is RM 570, with most transactions between RM 524 and RM 616. The usual range is RM 519.50 to RM 620.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.