KRYSTAL POINT COMMERCIAL CENTRE

KRYSTAL POINT COMMERCIAL CENTRE in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 505.

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 RM 380K, with most transactions falling within a stable range of RM 305K to RM 455K, and a typical market range of RM 177K to RM 582K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 505, with core pricing between RM 435 and RM 575. Market pricing typically extends from RM 433.75 to RM 575.25, reflecting moderate variation in unit pricing. With an IQR of RM 141.50 and MAD of RM 70, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.