The Palazzia

11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM681,500
PSF
RM833

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM745,000
Level G
818 sqft RM911 PSF
RM618,000
Level G
818 sqft RM755 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM681,500

RM833 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, 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.