Pan Palace Plaza

Northeast District, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM311,500
PSF
RM1,125
Period
transactions middle 50% (P25–P75)
350 sqft
Shop
RM410,000
Level 1
364 sqft · RM1,125 PSF
RM213,000
Level 3
364 sqft · RM584 PSF
Legend Recent Highest Price Highest PSF

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Northeast District, Penang, Malaysia

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Pan Palace Plaza in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM312K and a median price per square foot (PSF) of RM1,125.

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 RM312K, with most transactions falling within a stable range of RM213K to RM410K, and a typical market range of RM262K to RM361K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM1,125, though individual units vary from RM854 to RM1,395 in the core range. The broader market spans RM989.67 to RM1,260.17, indicating diverse property characteristics. The spread of RM270.50 (IQR) and deviation of RM271 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.