Penang
Barat Daya
12
SUNTECH@PENANG CYBERCITY

SUNTECH@PENANG CYBERCITY

Area Intelligence

2024

Median Price

RM 425,000

PSF: RM 817

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Commercial PSF Trends

Median Price

RM 425,000

RM 817 PSF

SUNTECH@PENANG CYBERCITY in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 425K and a median price per square foot (PSF) of RM 817.

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 425K, with most transactions falling within a stable range of RM 400K to RM 450K, and a typical market range of RM 400K to RM 450K.

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

For price per square foot, the median is RM 817, with most transactions between RM 789 and RM 845. The usual range is RM 793.75 to RM 840.25, 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 28 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.

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SUNTECH@PENANG CYBERCITY, Barat Daya, Penang

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