The One - Terrace Plus
No. 2-1-22, Ground Floor, One Terrace Plus, Tingkat Mahsuri 4, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
No. 2-1-22, Ground Floor, One Terrace Plus, Tingkat Mahsuri 4, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 800,000
|
RM 808
|
990 sqft
|
|
|
|
Level 2
|
RM 440,000
|
RM 440
|
1,001 sqft
|
|
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No. 2-1-22, Ground Floor, One Terrace Plus, Tingkat Mahsuri 4, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe One - Terrace Plus in Barat Daya, Penang recorded 4 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM 590K and a median price per square foot (PSF) of RM 622.
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 590K, with most transactions falling within a stable range of RM 455K to RM 725K, and a typical market range of RM 470K to RM 710K.
Within the Office Lot category, office lot dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 622, though individual units vary from RM 439 to RM 806 in the core range. The broader market spans RM 480.53 to RM 764.28, indicating diverse property characteristics. A wider spread (IQR: RM 283.75) and deviation (MAD: RM 183) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.