Menara Northam
Jln Sultan Ahmad Shah, George Town, Pulau Pinang, Malaysia
Jln Sultan Ahmad Shah, George Town, Pulau Pinang, Malaysia
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Selling in Menara Northam? Homes here sold for a median of RM390,000.
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Menara Northam
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 Georgetown
Jln Sultan Ahmad Shah, George Town, Pulau Pinang, Malaysia
MapsMenara Northam in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM390K and a median price per square foot (PSF) of RM636.
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 RM390K, with most transactions falling within a stable range of RM300K to RM480K, and a typical market range of RM345K to RM435K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM636, though individual units vary from RM489 to RM782 in the core range. The broader market spans RM562.25 to RM708.75, indicating diverse property characteristics. The spread of RM146.50 (IQR) and deviation of RM147 (MAD) suggest moderate price variations reflecting different property features.
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.