THE TAMARIND in Timur Laut, Penang recorded 0 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 839K and a median price per square foot (PSF) of RM 773.
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 839K, with most transactions falling within a stable range of RM 720K to RM 958K, and a typical market range of RM 710K to RM 968K.
Within the 4-Storey Shop category, service apartment dominated the market, with minimal variety in property types.
For price per square foot, the median is RM 773, with most transactions between RM 705 and RM 842. The usual range is RM 699.75 to RM 846.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 69, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
