THE ONE - TERRACE PLUS

THE ONE - TERRACE PLUS in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 950K and a median price per square foot (PSF) of RM 666.

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 950K, with most transactions falling within a stable range of RM 800K to RM 1.10 million, and a typical market range of RM 830K to RM 1.07 million.

Most transactions involved office lot, though some variety exists in the market.

For price per square foot, the median is RM 666, with most transactions between RM 646 and RM 686. The usual range is RM 524.13 to RM 807.88, showing that most units are priced quite close to each other. With an IQR of RM 283.75 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.