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Penang, Timur Laut, Georgetown

CLOUD 9

Area Intelligence
2023
Median Price
RM 800,000
PSF: RM 695
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Commercial PSF Trends

Median Price

RM 800,000

RM 695 PSF

CLOUD 9 in Timur Laut, Penang recorded 5 subsale transactions in 2023, 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 800K to RM 882K, and a typical market range of RM 800K to RM 910K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 695, though individual units vary from RM 471 to RM 919 in the core range. The broader market spans RM 576.00 to RM 814.00, indicating diverse property characteristics. A wider spread (IQR: RM 238.00) and deviation (MAD: RM 224) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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CLOUD 9, Timur Laut, Penang

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Transactions

3 transactions grouped by size

View Type

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Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
800 sqft
Shop/Retail Lot
RM 1,000,000
Level G
818 sqft · RM 1,222 PSF
1,100 sqft
Shop/Retail Lot
RM 900,000
Level 1
1,087 sqft · RM 828 PSF
1,150 sqft
Shop/Retail Lot
RM 800,000
Level 3
1,152 sqft · RM 695 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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