Plaza Ivory

Block 2B, Plaza Ivory, Halaman Bukit Gambir, Sunway Bukit Gambier, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM430,000
PSF
RM591
Period
transactions middle 50% (P25–P75)
350 sqft
Shop
RM210,000
Level 2
355 sqft · RM591 PSF
RM195,000
Level 2
355 sqft · RM549 PSF
550 sqft
Shop
RM750,000
Level 1
527 sqft · RM1,422 PSF
700 sqft
Shop
RM350,000
Level 3
721 sqft · RM485 PSF
RM430,000
Level 3
710 sqft · RM605 PSF
1,500 sqft
Office
RM750,000
Level 2
1,518 sqft · RM494 PSF
1,600 sqft
Shop
RM1,760,000
Level 1
1,604 sqft · RM1,097 PSF
Legend Recent Highest Price Highest PSF

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Universiti Place- Plaza Ivory
© OpenStreetMap · CARTO

Block 2B, Plaza Ivory, Halaman Bukit Gambir, Sunway Bukit Gambier, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

Plaza Ivory in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM430K and a median price per square foot (PSF) of RM591.

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 RM430K, with most transactions falling within a stable range of RM195K to RM665K, and a typical market range of RM195K to RM665K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM591, with core pricing between RM494 and RM688. Market pricing typically extends from RM426.45 to RM755.95, reflecting moderate variation in unit pricing. The spread of RM329.50 (IQR) and deviation of RM97 (MAD) suggest moderate price variations reflecting different property features.

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.