The Palazzia

11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM790,000
PSF
RM836

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
800 sqft
Office
RM745,000
Level G
818 sqft · RM911 PSF
1,100 sqft
Shop
RM835,000
Level 1
1,098 sqft · RM761 PSF
Legend Recent Highest Price Highest PSF

Selling in The Palazzia? Homes here sold for a median of RM790,000.

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Market Snapshot

Commercial

RM790,000

RM836 psf

Median transaction price

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The Palazzia, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

The Palazzia in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM790K and a median price per square foot (PSF) of RM836.

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 RM790K, with most transactions falling within a stable range of RM745K to RM835K, and a typical market range of RM745K to RM835K.

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

For price per square foot, the median is RM836, with most transactions between RM761 and RM911. The usual range is RM758.61 to RM912.61, showing that most units are priced quite close to each other. With an IQR of RM154.00 and MAD of RM75, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.