MENARA ASAS

MENARA ASAS in Timur Laut, Penang recorded 2 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, 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 550K to RM 560K, and a typical market range of RM 550K to RM 560K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 532, with most transactions between RM 531 and RM 532. The usual range is RM 424.38 to RM 638.63, showing that most units are priced quite close to each other. With an IQR of RM 214.25 and MAD of RM 1, 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.