MENARA ASAS

Area Intelligence
5 subsale transactions
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Median Price
RM 550,000
PSF: RM 531

Residential PSF Trends

Median Price

RM 555,000

PSF: RM 532

Commercial PSF Trends

Median Price

RM 115,000

RM 368 PSF

MENARA ASAS in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 531.

This area contains both residential and commercial properties. View 2 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 115K to RM 985K, and a typical market range of RM 328K to RM 773K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 531, though individual units vary from RM 368 to RM 694 in the core range. The broader market spans RM 449.00 to RM 613.00, indicating diverse property characteristics. A wider spread (IQR: RM 164.00) and deviation (MAD: RM 163) 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.

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MENARA ASAS, Timur Laut, Penang

OSM

Transactions

5 transactions grouped by size

300 sqft
Shop/Retail Lot
RM 115,000
Level 2
312 sqft · RM 368.00 PSF
Apr 2025
400 sqft
Shop/Retail Lot
RM 100,000
Level 3
409 sqft · RM 244.00 PSF
Jun 2024
1,050 sqft
Condo/Apartment
RM 560,000
Level 10
1,055 sqft · RM 531.00 PSF
Aug 2024
RM 550,000
Level 11
1,033 sqft · RM 532.00 PSF
Feb 2024
1,200 sqft
Shop/Retail Lot
RM 1,300,000
Level G
1,184 sqft · RM 1,098.00 PSF
Aug 2024