ECO TERRACES in Timur Laut, Penang recorded 0 6-Storey Shop properties subsale transactions between 2021 and 2025 for 6-storey shop properties, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 793.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.07 million, with most transactions falling within a stable range of RM 892K to RM 1.25 million, and a typical market range of RM 847K to RM 1.30 million.
Within the 6-Storey Shop category, condominium/apartment dominated the market, with minimal variety in property types.
The median PSF stands at RM 793, with core pricing between RM 655 and RM 931. Market pricing typically extends from RM 630.25 to RM 955.75, reflecting moderate variation in unit pricing. The spread of RM 325.50 (IQR) and deviation of RM 138 (MAD) suggest moderate price variations reflecting different property features.
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.
