Northam Tower (Mansion One)

10450 George Town, Penang, Malaysia

Property Transactions

15 subsales grouped by size · Office →

Median
RM600,000
PSF
RM792
Period
transactions middle 50% (P25–P75)
550 sqft
Office
RM500,000
Level 26
568 sqft · RM880 PSF
RM470,000
Level 22
568 sqft · RM827 PSF
600 sqft
Office
RM500,000
Level 27
598 sqft · RM836 PSF
650 sqft
Office
RM500,000
Level 23
654 sqft · RM765 PSF
RM510,000
Level 23
658 sqft · RM775 PSF
RM500,000
Level 26
657 sqft · RM761 PSF
RM580,000
Level 12
648 sqft · RM895 PSF
750 sqft
Office
RM600,000
Level 17
758 sqft · RM792 PSF
RM600,000
Level 11
758 sqft · RM792 PSF
RM842,000
Level 29
765 sqft · RM1,101 PSF
RM660,000
Level 30
860 sqft · RM768 PSF
RM645,000
Level 30
870 sqft · RM741 PSF
1,200 sqft
Office
RM1,320,000
Level 29
1,200 sqft · RM1,100 PSF
1,300 sqft
Office
RM850,000
Level 18
1,313 sqft · RM647 PSF
1,400 sqft
Office
RM820,000
Level 25
1,406 sqft · RM583 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM600,000

RM792 psf

Median transaction price

Northam Tower (Mansion One) in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2026, with a median price of RM600K and a median price per square foot (PSF) of RM792.

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 RM600K, with most transactions falling within a stable range of RM500K to RM700K, and a typical market range of RM480K to RM720K.

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

For price per square foot, the median is RM792, with most transactions between RM748 and RM836. The usual range is RM744.07 to RM839.07, showing that most units are priced quite close to each other. With an IQR of RM95.00 and MAD of RM44, the PSF demonstrates reasonable consistency across the market.

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.