| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM 130,000
|
RM 377
|
344 sqft
|
|
|
|
Level 6
|
RM 140,000
|
RM 394
|
355 sqft
|
|
|
Level 4
|
RM 3,300,000
|
RM 137
|
24,057 sqft
|
|
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Market Snapshot
CommercialRM 140,000
RM 377 psfMedian transaction price
Farlim, Farlim, 11500 Air Itam, Penang, Malaysia
MapsFarlim in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 140K and a median price per square foot (PSF) of RM 377.
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 140K, with most transactions falling within a stable range of RM 130K to RM 1.63 million, and a typical market range of RM 131K to RM 149K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 377, though individual units vary from RM 260 to RM 494 in the core range. The broader market spans RM 355.75 to RM 398.25, indicating diverse property characteristics. A wider spread (IQR: RM 42.50) and deviation (MAD: RM 117) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.