The Palazzia in Timur Laut, Penang recorded 6 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM599K and a median price per square foot (PSF) of RM857.

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 RM599K, with most transactions falling within a stable range of RM449K to RM745K, and a typical market range of RM513K to RM685K.

Within the Office Lot category, office lot dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM857, though individual units vary from RM665 to RM1,048 in the core range. The broader market spans RM779.88 to RM933.88, indicating diverse property characteristics. The spread of RM154.00 (IQR) and deviation of RM192 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.