Northam Tower (Mansion One) in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM600K and a median price per square foot (PSF) of RM792.

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 RM600K, with most transactions falling within a stable range of RM547K to RM645K, and a typical market range of RM500K to RM645K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM792, with most transactions between RM758 and RM825. The usual range is RM744.07 to RM839.07, showing that most units are priced quite close to each other. With an IQR of RM95.00 and MAD of RM34, 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.