Area Intelligence

MENARA ASAS

4 properties
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Median Price
RM 555,000
PSF: RM 532

Residential Market

Median Price

RM 555,000

IQR: RM 1
MAD: RM 1
RM 532 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 700,000

IQR: RM 427
MAD: RM 427
RM 671 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MENARA ASAS in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 555K and a median price per square foot (PSF) of RM 532.

This area contains both residential and commercial properties. View 2 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 555K, with most transactions falling within a stable range of RM 325K to RM 785K, and a typical market range of RM 401K to RM 709K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

Price per square foot shows a median of RM 532, though individual units vary from RM 388 to RM 676 in the core range. The broader market spans RM 424.38 to RM 638.63, indicating diverse property characteristics. A wider spread (IQR: RM 214.25) and deviation (MAD: RM 144) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MENARA ASAS, Timur Laut, Penang

OSM

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Transactions

4 properties grouped by size

400 sqft
1 units Shop/Retail Lot
RM 100,000
409 sqft · RM 244.00 PSF
Jun 2024
1,050 sqft
2 units Condo/Apartment
RM 560,000
1,055 sqft · RM 531.00 PSF
Aug 2024
RM 550,000
1,033 sqft · RM 532.00 PSF
Feb 2024
1,200 sqft
1 units Shop/Retail Lot
RM 1,300,000
1,184 sqft · RM 1,098.00 PSF
Aug 2024