MENARA PERDANA

Area Intelligence
2022
Median Price
RM 725,000
PSF: RM 570

Commercial PSF Trends

Median Price

RM 725,000

RM 570 PSF

MENARA PERDANA in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 725K 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 725K, with most transactions falling within a stable range of RM 636K to RM 814K, and a typical market range of RM 604K to RM 868K.

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 517 and RM 623. 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 53, 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

10 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
RM 900,000
Level 13
1,389 sqft · RM 648 PSF
RM 791,000
Level 10
1,389 sqft · RM 570 PSF
RM 791,000
Level 10
1,389 sqft · RM 570 PSF
1,500 sqft
Industrial Unit
RM 800,000
Level 7
1,485 sqft · RM 539 PSF

No Properties For Sale

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

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