MENARA ASAS Property Investment Analysis

Tanjung Bungah, Timur Laut, Penang

Median Price
RM 555,000
Median PSF
RM 531.50
Transactions
4
Period
2024-2024

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

4 found
Condominium/Apartment
RM 560,000
PSF: RM 531.00
Area: 1,055 sqft
Date: Aug 2024
Shop Unit/Retail Lot
RM 1,300,000
PSF: RM 1,098.00
Area: 1,184 sqft
Date: Aug 2024
Shop Unit/Retail Lot
RM 100,000
PSF: RM 244.00
Area: 409 sqft
Date: Jun 2024
Condominium/Apartment
RM 550,000
PSF: RM 532.00
Area: 1,033 sqft
Date: Feb 2024