The Palazzia

11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM618,000
PSF
RM803
Period
transactions middle 50% (P25–P75)
650 sqft
Office
RM510,000
Level 1
635 sqft · RM803 PSF
RM580,000
Level G
635 sqft · RM913 PSF
750 sqft
Office
RM690,000
Level 1
732 sqft · RM943 PSF
RM280,000
Level 2
732 sqft · RM383 PSF
800 sqft
Office
RM745,000
Level G
818 sqft · RM911 PSF
RM618,000
Level G
818 sqft · RM755 PSF
1,100 sqft
Shop
RM835,000
Level 1
1,098 sqft · RM761 PSF
Legend Recent Highest Price Highest PSF

Posts about The Palazzia

What’s happening in The Palazzia?

No posts about The Palazzia yet. Be the first to share what’s happening here.

Market Snapshot

Commercial

RM618,000

RM803 psf

Median transaction price

Loading map...

The Palazzia, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

The Palazzia in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM618K and a median price per square foot (PSF) of RM803.

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 RM618K, with most transactions falling within a stable range of RM510K to RM726K, and a typical market range of RM532K to RM704K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM803, with core pricing between RM695 and RM911. Market pricing typically extends from RM726.06 to RM880.06, reflecting moderate variation in unit pricing. With an IQR of RM154.00 and MAD of RM108, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.