Menara Northam in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM300K and a median price per square foot (PSF) of RM489.

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 RM489, with most transactions between RM489 and RM489. The usual range is RM415.72 to RM562.22, showing that most units are priced quite close to each other. With an IQR of RM146.50 and MAD of RM0, 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.