Penang
Timur Laut
Georgetown
ONE STOP MIDLANDS PARK

ONE STOP MIDLANDS PARK

Area Intelligence

2023

Median Price

RM 155,000

PSF: RM 182

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Commercial PSF Trends

Median Price

RM 155,000

RM 182 PSF

ONE STOP MIDLANDS PARK in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 155K and a median price per square foot (PSF) of RM 182.

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 155K, with most transactions falling within a stable range of RM 65K to RM 578K, and a typical market range of RM 65K to RM 285K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 182, though individual units vary from RM 122 to RM 242 in the core range. The broader market spans RM 134.50 to RM 229.50, indicating diverse property characteristics. A wider spread (IQR: RM 95.00) and deviation (MAD: RM 60) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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ONE STOP MIDLANDS PARK, Timur Laut, Penang

OSM

Track location

Transactions

10 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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

Min Size (sqft)

Max Size (sqft)

Clear

RM 85,000

Level 3

344 sqft • RM 247.00 PSF

Dec 2023

RM 1,010,000

Level 7

11,496 sqft • RM 88.00 PSF

Oct 2023

RM 350,000

Level 21

1,367 sqft • RM 256.00 PSF

Sep 2023

RM 65,000

Level 4

323 sqft • RM 201.00 PSF

Aug 2023

RM 90,000

Level 4

667 sqft • RM 135.00 PSF

Jul 2023

RM 1,350,000

Level 7

6,652 sqft • RM 203.00 PSF

Jul 2023

RM 140,000

Level 4

479 sqft • RM 292.00 PSF

Jun 2023

RM 350,000

Level 4

2,546 sqft • RM 137.00 PSF

May 2023

RM 100,000

Level 3

614 sqft • RM 163.00 PSF

Mar 2023

RM 170,000

Level 4

1,055 sqft • RM 161.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 3	RM 85,000	RM 247.00	344 sqft	Dec 2023	Shop/Retail Lot
Level 7	RM 1,010,000	RM 88.00	11,496 sqft	Oct 2023	Office Lot
Level 21	RM 350,000	RM 256.00	1,367 sqft	Sep 2023	Office Lot
Level 4	RM 65,000	RM 201.00	323 sqft	Aug 2023	Shop/Retail Lot
Level 4	RM 90,000	RM 135.00	667 sqft	Jul 2023	Shop/Retail Lot
Level 7	RM 1,350,000	RM 203.00	6,652 sqft	Jul 2023	Shop/Retail Lot
Level 4	RM 140,000	RM 292.00	479 sqft	Jun 2023	Shop/Retail Lot
Level 4	RM 350,000	RM 137.00	2,546 sqft	May 2023	Shop/Retail Lot
Level 3	RM 100,000	RM 163.00	614 sqft	Mar 2023	Shop/Retail Lot
Level 4	RM 170,000	RM 161.00	1,055 sqft	Mar 2023	Shop/Retail Lot