Menara BHL

Block 51, Level 7, Unit C (51-07-C, Menara BHL, 51, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM760,000
PSF
RM364
Period
transactions middle 50% (P25–P75)
1,050 sqft
Office
RM530,000
Level 15
1,044 sqft · RM508 PSF
1,200 sqft
Office
RM420,000
Level 15
1,184 sqft · RM355 PSF
2,100 sqft
Office
RM760,000
Level 10
2,099 sqft · RM362 PSF
RM800,000
Level 15
2,099 sqft · RM381 PSF
12,650 sqft
Office
RM4,600,000
Level 27
12,637 sqft · RM364 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM760,000

RM364 psf

Median transaction price

Northam City (Menara Bhl)
© OpenStreetMap · CARTO

Block 51, Level 7, Unit C (51-07-C, Menara BHL, 51, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Maps

Menara BHL in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM760K and a median price per square foot (PSF) of RM364.

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 RM760K, with most transactions falling within a stable range of RM530K to RM990K, and a typical market range of RM625K to RM895K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM364, with most transactions between RM355 and RM373. The usual range is RM354.52 to RM373.52, showing that most units are priced quite close to each other. A typical spread (IQR) of RM19.00 and an average deviation (MAD) of RM9 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.