Area Intelligence

BELLISA ROW

4 properties
Office Lot
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Median Price
RM 545,000
PSF: RM 400

Commercial Market

Median Price

RM 545,000

IQR: RM 189
MAD: RM 61
RM 400 PSF 18.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BELLISA ROW in Timur Laut, Penang recorded 4 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 545K and a median price per square foot (PSF) of RM 400.

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 RM 545K, with most transactions falling within a stable range of RM 380K to RM 719K, and a typical market range of RM 380K to RM 713K.

Within the Office Lot category, office lot dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 400, though individual units vary from RM 304 to RM 495 in the core range. The broader market spans RM 304.88 to RM 494.13, indicating diverse property characteristics. The spread of RM 189.25 (IQR) and deviation of RM 96 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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BELLISA ROW, Timur Laut, Penang

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Transactions

4 properties grouped by size

950 sqft
1 units Office Lot
RM 380,000
936 sqft · RM 406.00 PSF
Apr 2023
1,100 sqft
2 units Office Lot
RM 420,000
1,087 sqft · RM 386.00 PSF
Feb 2024
RM 670,000
1,087 sqft · RM 616.00 PSF
Dec 2023
2,050 sqft
1 units Office Lot
RM 800,000
2,034 sqft · RM 393.00 PSF
Apr 2023