PREMIER CENTRE

PREMIER CENTRE in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 230K and a median price per square foot (PSF) of RM 254.

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 230K, with most transactions falling within a stable range of RM 151K to RM 309K, and a typical market range of RM 191K to RM 270K.

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

For price per square foot, the median is RM 254, with most transactions between RM 241 and RM 267. The usual range is RM 247.50 to RM 260.50, 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.

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.