Area Intelligence

PLAZA PULAU TIKUS

1 properties
2022
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Median Price
RM 511,000
PSF: RM 489

Commercial Market

Median Price

RM 511,000

IQR: RM 63
MAD: RM 12
RM 489 PSF 14.5%

PSF Trends (2021-2025)

PLAZA PULAU TIKUS in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 511K and a median price per square foot (PSF) of RM 489.

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 RM 489, with most transactions between RM 489 and RM 489. The usual range is RM 457.75 to RM 520.25, showing that most units are priced quite close to each other. With an IQR of RM 62.50 and MAD of RM 0, 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

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Transactions

1 properties grouped by size

1,050 sqft
1 units Office Lot
RM 511,000
1,044 sqft · RM 489.00 PSF
Jan 2022