MENARA VOS in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 320K and a median price per square foot (PSF) of RM 761.
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 320K, with most transactions falling within a stable range of RM 300K to RM 340K, and a typical market range of RM 275K to RM 365K.
Most transactions involved soho/sofo/sovo, with minimal variety in property types.
For price per square foot, the median is RM 761, with most transactions between RM 756 and RM 766. The usual range is RM 675.50 to RM 846.50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
