Plaza Ivory

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

Property Transactions

1 subsales grouped by size

Median
RM750,000
PSF
RM494

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,500 sqft
Office
RM750,000
Level 2
1,518 sqft · RM494 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 1 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM750K and a median price per square foot (PSF) of RM494.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Office Lot category, shop unit/retail lot dominated the market, though some variety exists in the market.

For price per square foot, the median is RM494, with most transactions between RM494 and RM494. The usual range is RM329.42 to RM658.92, showing that most units are priced quite close to each other. With an IQR of RM329.50 and MAD of RM0, 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.