WISMA SRI MATA

WISMA SRI MATA in Timur Laut, Penang recorded 4 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 290K and a median price per square foot (PSF) of RM 251.

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 290K, with most transactions falling within a stable range of RM 240K to RM 696K, and a typical market range of RM 240K to RM 419K.

Within the Office Lot category, office lot dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 251, though individual units vary from RM 85 to RM 416 in the core range. The broader market spans RM 197.75 to RM 303.25, indicating diverse property characteristics. A wider spread (IQR: RM 105.50) and deviation (MAD: RM 165) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.