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Market Snapshot
CommercialRM 130,000
RM 377 psfMedian transaction price
Farlim, Farlim, 11500 Air Itam, Penang, Malaysia
MapsFarlim in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 130K 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.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 377, with most transactions between RM 377 and RM 377. The usual range is RM 355.75 to RM 398.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.