CLOUD 9 Property Investment Analysis
CLOUD 9 in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 800K and a median price per square foot (PSF) of RM 695.
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 800K, with most transactions falling within a stable range of RM 680K to RM 920K, and a typical market range of RM 690K to RM 910K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM 695, with core pricing between RM 562 and RM 828. Market pricing typically extends from RM 576.00 to RM 814.00, reflecting moderate variation in unit pricing. The spread of RM 238.00 (IQR) and deviation of RM 133 (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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop Unit/Retail Lot |
|
RM 1,000,000
|
RM 1,222.00
|
818 sqft
|
Oct 2023
|
Shop Unit/Retail Lot |
|
RM 900,000
|
RM 828.00
|
1,087 sqft
|
Oct 2023
|
Shop Unit/Retail Lot |
|
RM 680,000
|
RM 590.00
|
1,152 sqft
|
Oct 2023
|
Shop Unit/Retail Lot |
|
RM 800,000
|
RM 695.00
|
1,152 sqft
|
Oct 2023
|
Shop Unit/Retail Lot |
|
RM 585,000
|
RM 508.00
|
1,152 sqft
|
Mar 2023
|