MENARA PERDANA in Timur Laut, Penang recorded 0 5-Storey Shop properties subsale transactions between 2021 and 2025 for 5-storey shop properties, with a median price of RM 796K and a median price per square foot (PSF) of RM 592.
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 796K, with most transactions falling within a stable range of RM 650K to RM 942K, and a typical market range of RM 654K to RM 939K.
Within the 5-Storey Shop category, industrial unit dominated the market, with minimal variety in property types.
For price per square foot, the median is RM 592, with most transactions between RM 546 and RM 638. The usual range is RM 541.50 to RM 642.50, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 46, 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.
