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Pan Palace Plaza
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
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Northeast District, Penang, Malaysia
MapsPan Palace Plaza in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM312K and a median price per square foot (PSF) of RM855.
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 RM855, though individual units vary from RM584 to RM1,125 in the core range. The broader market spans RM719.25 to RM989.75, indicating diverse property characteristics. A wider spread (IQR: RM270.50) and deviation (MAD: RM271) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.