LIST

Penang, Timur Laut, Georgetown

NORTHAM CITY (MENARA BHL)

Area Intelligence
Median Price
RM 760,000
PSF: RM 364
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Commercial PSF Trends

Median Price

RM 760,000

RM 364 PSF

NORTHAM CITY (MENARA BHL) in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 760K and a median price per square foot (PSF) of RM 364.

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 760K, with most transactions falling within a stable range of RM 530K to RM 990K, and a typical market range of RM 625K to RM 895K.

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

For price per square foot, the median is RM 364, with most transactions between RM 355 and RM 373. The usual range is RM 354.50 to RM 373.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.00 and an average deviation (MAD) of RM 9 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.

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NORTHAM CITY (MENARA BHL), Timur Laut, Penang

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Transactions

5 transactions grouped by size

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Grouped View Individual View
1,050 sqft
Office Lot
RM 530,000
Level 15
1,044 sqft · RM 508 PSF
1,200 sqft
Office Lot
RM 420,000
Level 15
1,184 sqft · RM 355 PSF
2,100 sqft
Office Lot
RM 760,000
Level 10
2,099 sqft · RM 362 PSF
RM 800,000
Level 15
2,099 sqft · RM 381 PSF
12,650 sqft
Office Lot
RM 4,600,000
Level 27
12,637 sqft · RM 364 PSF

No Properties For Sale

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

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