SUNSHINE RESIDENCE in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM 697K and a median price per square foot (PSF) of RM 522.
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 697K, with most transactions falling within a stable range of RM 693K to RM 701K, and a typical market range of RM 654K to RM 740K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 522, with most transactions between RM 485 and RM 559. The usual range is RM 488.13 to RM 555.88, showing that most units are priced quite close to each other. With an IQR of RM 67.75 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
