PLAZA SRI PERAK

PLAZA SRI PERAK in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 655K and a median price per square foot (PSF) of RM 478.

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 655K, with most transactions falling within a stable range of RM 535K to RM 775K, and a typical market range of RM 543K to RM 768K.

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

The median PSF stands at RM 478, with core pricing between RM 401 and RM 555. Market pricing typically extends from RM 406.88 to RM 549.13, reflecting moderate variation in unit pricing. The spread of RM 142.25 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.

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.