Penang
Barat Daya
12
THE ONE (ONE SQUARE)

THE ONE (ONE SQUARE)

Area Intelligence

2021

Median Price

RM 295,000

PSF: RM 518

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Commercial PSF Trends

Median Price

RM 295,000

RM 518 PSF

THE ONE (ONE SQUARE) in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 295K and a median price per square foot (PSF) of RM 518.

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 295K, with most transactions falling within a stable range of RM 258K to RM 295K, and a typical market range of RM 220K to RM 295K.

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

The median PSF stands at RM 518, with core pricing between RM 443 and RM 594. Market pricing typically extends from RM 340.50 to RM 695.50, reflecting moderate variation in unit pricing. With an IQR of RM 355.00 and MAD of RM 76, 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.

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THE ONE (ONE SQUARE), Barat Daya, Penang

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