MENARA ASAS in Timur Laut, Penang recorded 0 subsale transactions in 2023, 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.
