Penang
Timur Laut
Georgetown
MENARA PERDANA

MENARA PERDANA

Area Intelligence

2024

Median Price

RM 833,000

PSF: RM 662

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Commercial PSF Trends

Median Price

RM 833,000

RM 662 PSF

MENARA PERDANA in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 833K and a median price per square foot (PSF) of RM 662.

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 833K, with most transactions falling within a stable range of RM 646K to RM 1.02 million, and a typical market range of RM 691K to RM 976K.

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

The median PSF stands at RM 662, with core pricing between RM 588 and RM 735. Market pricing typically extends from RM 611.00 to RM 712.00, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 74, 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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