SUNNY POINT

SUNNY POINT in Timur Laut, Penang recorded 3 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 430K and a median price per square foot (PSF) of RM 269.

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 430K, with most transactions falling within a stable range of RM 320K to RM 500K, and a typical market range of RM 310K to RM 500K.

Within the Office Lot category, office lot dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 269, though individual units vary from RM 173 to RM 365 in the core range. The broader market spans RM 79.75 to RM 458.25, indicating diverse property characteristics. A wider spread (IQR: RM 378.50) and deviation (MAD: RM 96) 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.