Bellisa Row

Jalan Burma, Pulau Tikus, 10350 George Town, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM525,000
PSF
RM450

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
350 sqft
Shop
RM170,000
Level 5
344 sqft · RM494 PSF
950 sqft
Office
RM380,000
Level 4
936 sqft · RM406 PSF
1,100 sqft
Office
RM670,000
Level 2
1,087 sqft · RM616 PSF
2,050 sqft
Office
RM800,000
Level 4
2,034 sqft · RM393 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM525,000

RM450 psf

Median transaction price

Bellisa Row
© OpenStreetMap · CARTO

Bellisa Row, Jalan Burma, Pulau Tikus, 10350 George Town, Penang, Malaysia

Maps

Bellisa Row in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM525K and a median price per square foot (PSF) of RM450.

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 RM525K, with most transactions falling within a stable range of RM279K to RM771K, and a typical market range of RM357K to RM693K.

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

The median PSF stands at RM450, with core pricing between RM361 and RM539. Market pricing typically extends from RM355.04 to RM544.29, reflecting moderate variation in unit pricing. The spread of RM189.25 (IQR) and deviation of RM89 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.