THE ONE - 1 WORLD

THE ONE - 1 WORLD in Barat Daya, Penang recorded 8 subsale transactions in 2023, with a median price of RM 644K and a median price per square foot (PSF) of RM 427.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 644K, with most transactions falling within a stable range of RM 552K to RM 735K, and a typical market range of RM 585K to RM 702K.

Most transactions involved condominium/apartment, with minimal variety in property types.

Price per square foot shows a median of RM 427, though individual units vary from RM 330 to RM 524 in the core range. The broader market spans RM 395.75 to RM 458.25, indicating diverse property characteristics. The spread of RM 62.50 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

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.