Menara Perdana in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM833K and a median price per square foot (PSF) of RM661.

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 RM833K, with most transactions falling within a stable range of RM646K to RM1.02 million, and a typical market range of RM691K to RM976K.

Most transactions involved industrial unit, with minimal variety in property types.

The median PSF stands at RM661, with core pricing between RM588 and RM735. Market pricing typically extends from RM610.98 to RM711.98, reflecting moderate variation in unit pricing. With an IQR of RM101.00 and MAD of RM73, the PSF demonstrates reasonable consistency across the market.

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.