MENARA VOS

MENARA VOS in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 480K and a median price per square foot (PSF) of RM 1,098.

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 480K, with most transactions falling within a stable range of RM 460K to RM 500K, and a typical market range of RM 435K to RM 525K.

Most transactions involved soho/sofo/sovo, with minimal variety in property types.

For price per square foot, the median is RM 1,098, with most transactions between RM 1,093 and RM 1,103. The usual range is RM 1,012.50 to RM 1,183.50, showing that most units are priced quite close to each other. With an IQR of RM 171.00 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.