PLAZA SRI PERAK Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 655,000
CAGR
+11.5%
Median PSF
RM 478.00
CAGR
+13.4%
Transactions
12
Period
2021-2023

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.

ADVANCED FILTERS

TRANSACTIONS

12 found
Office Lot
RM 560,000
PSF: RM 420.00
Area: 1,335 sqft
Date: Sep 2023
Office Lot
RM 535,000
PSF: RM 401.00
Area: 1,335 sqft
Date: Sep 2023
Office Lot
RM 535,000
PSF: RM 401.00
Area: 1,335 sqft
Date: Sep 2023
Office Lot
RM 535,000
PSF: RM 401.00
Area: 1,335 sqft
Date: Sep 2023
Office Lot
RM 535,000
PSF: RM 401.00
Area: 1,335 sqft
Date: Sep 2023
Office Lot
RM 1,500,000
PSF: RM 1,152.00
Area: 1,302 sqft
Date: Oct 2022
Office Lot
RM 790,000
PSF: RM 565.00
Area: 1,399 sqft
Date: Oct 2022
Office Lot
RM 750,000
PSF: RM 536.00
Area: 1,399 sqft
Date: Oct 2022
Office Lot
RM 790,000
PSF: RM 565.00
Area: 1,399 sqft
Date: Oct 2022
Office Lot
RM 750,000
PSF: RM 536.00
Area: 1,399 sqft
Date: Oct 2022
Office Lot
RM 750,000
PSF: RM 536.00
Area: 1,399 sqft
Date: Oct 2022
Office Lot
RM 430,000
PSF: RM 312.00
Area: 1,378 sqft
Date: Oct 2021