SUNTECH@PENANG CYBERCITY

SUNTECH@PENANG CYBERCITY in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 370K and a median price per square foot (PSF) of RM 791.

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 370K, with most transactions falling within a stable range of RM 340K to RM 400K, and a typical market range of RM 341K to RM 399K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 791, with most transactions between RM 718 and RM 864. The usual range is RM 767.75 to RM 814.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.50 and an average deviation (MAD) of RM 73 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.