SUNNY POINT

SUNNY POINT in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 745K and a median price per square foot (PSF) of RM 822.

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 745K, with most transactions falling within a stable range of RM 615K to RM 875K, and a typical market range of RM 625K to RM 865K.

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

The median PSF stands at RM 822, with core pricing between RM 716 and RM 928. Market pricing typically extends from RM 632.75 to RM 1,011.25, reflecting moderate variation in unit pricing. With an IQR of RM 378.50 and MAD of RM 106, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.