Area Intelligence

MENARA PERDANA

2 properties
2024
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Median Price
RM 833,000
PSF: RM 662

Commercial Market

Median Price

RM 833,000

IQR: RM 101
MAD: RM 46
RM 662 PSF 11.8%

PSF Trends (2021-2025)

MENARA PERDANA in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 833K and a median price per square foot (PSF) of RM 662.

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 833K, with most transactions falling within a stable range of RM 646K to RM 1.02 million, and a typical market range of RM 691K to RM 976K.

Most transactions involved industrial unit, with minimal variety in property types.

The median PSF stands at RM 662, with core pricing between RM 588 and RM 735. Market pricing typically extends from RM 611.00 to RM 712.00, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 74, 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 PERDANA, Timur Laut, Penang

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Transactions

2 properties grouped by size

1,100 sqft
1 units Industrial Unit
RM 646,000
1,098 sqft · RM 588.00 PSF
Feb 2024
1,400 sqft
1 units Industrial Unit
RM 1,020,000
1,389 sqft · RM 735.00 PSF
Jan 2024