LIST

Penang, Timur Laut, Georgetown

MENARA PERDANA

Area Intelligence
2023
Median Price
RM 917,000
PSF: RM 653
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Commercial PSF Trends

Median Price

RM 917,000

RM 653 PSF

MENARA PERDANA in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 917K and a median price per square foot (PSF) of RM 653.

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 917K, with most transactions falling within a stable range of RM 783K to RM 1.05 million, and a typical market range of RM 775K to RM 1.06 million.

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

The median PSF stands at RM 653, with core pricing between RM 580 and RM 726. Market pricing typically extends from RM 602.50 to RM 703.50, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 73, 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

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Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

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 796,000
Level 6
1,098 sqft · RM 725 PSF
1,400 sqft
Industrial Unit
RM 750,000
Level 7
1,389 sqft · RM 540 PSF
1,550 sqft
Industrial Unit
RM 1,100,000
Level 3
1,539 sqft · RM 715 PSF
RM 1,100,000
Level 3
1,550 sqft · RM 710 PSF
RM 917,000
Level 4
1,539 sqft · RM 596 PSF
RM 917,000
Level 4
1,550 sqft · RM 592 PSF

No Properties For Sale

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

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