MENARA PERDANA

Area Intelligence
2022
Median Price
RM 750,000
PSF: RM 570

Commercial PSF Trends

Median Price

RM 750,000

RM 570 PSF

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 698K to RM 750K, and a typical market range of RM 608K to RM 750K.

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

The median PSF stands at RM 570, with core pricing between RM 510 and RM 630. Market pricing typically extends from RM 519.50 to RM 620.50, 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

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Transactions

6 transactions grouped by size

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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