LIST

Penang, Timur Laut, Georgetown

MENARA PERDANA

Area Intelligence
2022
Median Price
RM 675,000
PSF: RM 586
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Commercial PSF Trends

Median Price

RM 675,000

RM 586 PSF

MENARA PERDANA in Timur Laut, Penang recorded 6 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 675K and a median price per square foot (PSF) of RM 586.

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 675K, with most transactions falling within a stable range of RM 623K to RM 727K, and a typical market range of RM 604K to RM 750K.

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

The median PSF stands at RM 586, with core pricing between RM 526 and RM 645. Market pricing typically extends from RM 535.18 to RM 636.18, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 60, 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.

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MENARA PERDANA, Timur Laut, Penang

OSM

Track location

Property Transactions

6 transactions grouped by size

Group by
Size List

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,100 sqft
Industrial Unit
RM 700,000
Level 9
1,098 sqft · RM 638 PSF
RM 700,000
Level 14
1,098 sqft · RM 638 PSF
RM 604,000
Level 11
1,098 sqft · RM 550 PSF
RM 615,000
Level 14
1,098 sqft · RM 560 PSF
1,250 sqft
Industrial Unit
RM 750,000
Level 14
1,227 sqft · RM 611 PSF
1,400 sqft
Industrial Unit
RM 650,000
Level 7
1,389 sqft · RM 468 PSF

No Properties For Sale

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

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