Area Intelligence

PLAZA PULAU TIKUS

3 properties
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Median Price
RM 511,000
PSF: RM 477

Commercial Market

Median Price

RM 511,000

IQR: RM 63
MAD: RM 12
RM 477 PSF 14.5%

PSF Trends (2021-2025)

PLAZA PULAU TIKUS in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 511K and a median price per square foot (PSF) of RM 477.

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 511K, with most transactions falling within a stable range of RM 457K to RM 565K, and a typical market range of RM 465K to RM 557K.

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

For price per square foot, the median is RM 477, with most transactions between RM 465 and RM 489. The usual range is RM 445.75 to RM 508.25, showing that most units are priced quite close to each other. With an IQR of RM 62.50 and MAD of RM 12, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PLAZA PULAU TIKUS, Timur Laut, Penang

OSM

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Transactions

3 properties grouped by size

1,050 sqft
2 units Office Lot
RM 511,000
1,044 sqft · RM 489.00 PSF
Jan 2022
RM 380,000
1,044 sqft · RM 364.00 PSF
Oct 2021
1,200 sqft
1 units Office Lot
RM 565,000
1,184 sqft · RM 477.00 PSF
Mar 2023