MENARA RIVERVIEW

MENARA RIVERVIEW in Timur Laut, Penang recorded 4 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 293K and a median price per square foot (PSF) of RM 323.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 293K, with most transactions falling within a stable range of RM 193K to RM 370K, and a typical market range of RM 215K to RM 370K.

Within the Flat category, flats dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 323, though individual units vary from RM 225 to RM 420 in the core range. The broader market spans RM 250.50 to RM 394.50, indicating diverse property characteristics. A wider spread (IQR: RM 144.00) and deviation (MAD: RM 98) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.