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Penang, Timur Laut, Georgetown

PLAZA SRI PERAK

Area Intelligence
Median Price
RM 655,000
PSF: RM 478
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Commercial PSF Trends

Median Price

RM 655,000

RM 478 PSF

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.

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PLAZA SRI PERAK, Timur Laut, Penang

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Transactions

12 transactions grouped by size

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Grouped View Individual View
1,300 sqft
Office Lot
RM 1,500,000
Level 1
1,302 sqft · RM 1,152 PSF
1,350 sqft
Office Lot
RM 560,000
Level 1
1,335 sqft · RM 420 PSF
RM 535,000
Level 2
1,335 sqft · RM 401 PSF
RM 535,000
Level 3
1,335 sqft · RM 401 PSF
RM 535,000
Level 4
1,335 sqft · RM 401 PSF
RM 535,000
Level 5
1,335 sqft · RM 401 PSF
1,400 sqft
Office Lot
RM 790,000
Level 2
1,399 sqft · RM 565 PSF
RM 750,000
Level 3
1,399 sqft · RM 536 PSF
RM 790,000
Level 3
1,399 sqft · RM 565 PSF
RM 750,000
Level 4
1,399 sqft · RM 536 PSF
RM 750,000
Level 5
1,399 sqft · RM 536 PSF
RM 430,000
Level 4
1,378 sqft · RM 312 PSF

No Properties For Sale

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

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