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The Palazzia
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
Market Snapshot
CommercialRM681,500
RM833 psfMedian transaction price
The Palazzia, 11700 Gelugor, Pulau Pinang, Malaysia
MapsThe Palazzia in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 775 and 824 sqft, with a median price of RM682K and a median price per square foot (PSF) of RM833.
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 RM682K, with most transactions falling within a stable range of RM618K to RM745K, and a typical market range of RM618K to RM745K.
Most transactions involved office lot, though some variety exists in the market.
For price per square foot, the median is RM833, with most transactions between RM755 and RM911. The usual range is RM756.07 to RM910.07, showing that most units are priced quite close to each other. With an IQR of RM154.00 and MAD of RM78, 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.