PLAZA PULAU TIKUS in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 511K 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 511K, with most transactions falling within a stable range of RM 472K to RM 551K, and a typical market range of RM 465K to RM 558K.
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.