Northam Tower (Mansion One)
10450 George Town, Penang, Malaysia
10450 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 26
|
RM500,000
|
RM880
|
568 sqft
|
|
|
|
Level 22
|
RM470,000
|
RM827
|
568 sqft
|
|
|
Level 23
|
RM500,000
|
RM765
|
654 sqft
|
|
|
|
Level 23
|
RM510,000
|
RM775
|
658 sqft
|
|
|
|
Level 26
|
RM500,000
|
RM761
|
657 sqft
|
|
Selling in Northam Tower (Mansion One)? Homes here sold for a median of RM505,000.
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Northam Tower (Mansion One)
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
Market Snapshot
CommercialRM505,000
RM766 psfMedian transaction price
10450 George Town, Penang, Malaysia
MapsNortham Tower (Mansion One) in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM505K and a median price per square foot (PSF) of RM766.
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 RM505K, with most transactions falling within a stable range of RM470K to RM651K, and a typical market range of RM470K to RM625K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM766, with core pricing between RM678 and RM854. Market pricing typically extends from RM718.50 to RM813.50, reflecting moderate variation in unit pricing. With an IQR of RM95.00 and MAD of RM88, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.