PREMIER CENTRE

PREMIER CENTRE in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 309K and a median price per square foot (PSF) of RM 267.

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 309K, with most transactions falling within a stable range of RM 230K to RM 388K, and a typical market range of RM 270K to RM 349K.

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

For price per square foot, the median is RM 267, with most transactions between RM 254 and RM 280. The usual range is RM 260.50 to RM 273.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.