MENARA ASAS Property Investment Analysis
MENARA ASAS in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 555K and a median price per square foot (PSF) of RM 532.
This area contains both residential and commercial properties. View 2 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 555K, with most transactions falling within a stable range of RM 325K to RM 785K, and a typical market range of RM 401K to RM 709K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
Price per square foot shows a median of RM 532, though individual units vary from RM 388 to RM 676 in the core range. The broader market spans RM 424.38 to RM 638.63, indicating diverse property characteristics. A wider spread (IQR: RM 214.25) and deviation (MAD: RM 144) 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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condominium/Apartment |
|
RM 560,000
|
RM 531.00
|
1,055 sqft
|
Aug 2024
|
Shop Unit/Retail Lot |
|
RM 1,300,000
|
RM 1,098.00
|
1,184 sqft
|
Aug 2024
|
Shop Unit/Retail Lot |
|
RM 100,000
|
RM 244.00
|
409 sqft
|
Jun 2024
|
Condominium/Apartment |
|
RM 550,000
|
RM 532.00
|
1,033 sqft
|
Feb 2024
|