The Palazzia in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, with a median price of RM485K and a median price per square foot (PSF) of RM663.

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 RM485K, with most transactions falling within a stable range of RM280K to RM690K, and a typical market range of RM399K to RM571K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM663, though individual units vary from RM383 to RM943 in the core range. The broader market spans RM585.61 to RM739.61, indicating diverse property characteristics. A wider spread (IQR: RM154.00) and deviation (MAD: RM280) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.