SUNNY POINT

Area Intelligence
Terraced Factory
Median Price
RM 465,000
PSF: RM 367

Commercial PSF Trends

Median Price

RM 465,000

RM 367 PSF

SUNNY POINT in Timur Laut, Penang recorded 0 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 465K and a median price per square foot (PSF) of RM 367.

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 465K, with most transactions falling within a stable range of RM 335K to RM 595K, and a typical market range of RM 345K to RM 585K.

Within the Terraced Factory category, office lot dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 367, though individual units vary from RM 261 to RM 473 in the core range. The broader market spans RM 177.75 to RM 556.25, indicating diverse property characteristics. A wider spread (IQR: RM 378.50) and deviation (MAD: RM 106) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SUNNY POINT, Timur Laut, Penang

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