PLAZA PULAU TIKUS

PLAZA PULAU TIKUS in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 477.

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 565K, with most transactions falling within a stable range of RM 526K to RM 605K, and a typical market range of RM 519K to RM 612K.

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

The median PSF stands at RM 477, with core pricing between RM 415 and RM 540. Market pricing typically extends from RM 442.75 to RM 511.25, reflecting moderate variation in unit pricing. With an IQR of RM 68.50 and MAD of RM 63, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.