Area Intelligence

MENARA NORTHAM

1 properties
2024
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Median Price
RM 300,000
PSF: RM 489

Commercial Market

Median Price

RM 300,000

IQR: RM 147
MAD: RM 147
RM 489 PSF 37.5%

PSF Trends (2021-2025)

MENARA NORTHAM in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 489.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 489, with most transactions between RM 489 and RM 489. The usual range is RM 415.75 to RM 562.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 0, 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.

Area Location

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MENARA NORTHAM, Timur Laut, Penang

OSM

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Transactions

1 properties grouped by size

600 sqft
1 units Office Lot
RM 300,000
614 sqft · RM 489.00 PSF
Jul 2024