Northam Tower (Mansion One)

10450 George Town, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM500,000
PSF
RM822

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
Office
RM500,000
Level 26
568 sqft · RM880 PSF
650 sqft
Office
RM500,000
Level 23
654 sqft · RM765 PSF
Legend Recent Highest Price Highest PSF

Selling in Northam Tower (Mansion One)? Homes here sold for a median of RM500,000.

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Market Snapshot

Commercial

RM500,000

RM822 psf

Median transaction price

Northam Tower (Mansion One) in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM500K and a median price per square foot (PSF) of RM822.

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 RM822, with most transactions between RM765 and RM880. The usual range is RM774.88 to RM869.88, showing that most units are priced quite close to each other. With an IQR of RM95.00 and MAD of RM58, 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.