Penang
Timur Laut
Georgetown
ONE STOP MIDLANDS PARK

ONE STOP MIDLANDS PARK

Area Intelligence

2022

Median Price

RM 104,000

PSF: RM 174

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Commercial PSF Trends

Median Price

RM 104,000

RM 174 PSF

ONE STOP MIDLANDS PARK in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 104K and a median price per square foot (PSF) of RM 174.

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 104K, with most transactions falling within a stable range of RM 88K to RM 120K, and a typical market range of RM 88K to RM 120K.

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

The median PSF stands at RM 174, with core pricing between RM 152 and RM 196. Market pricing typically extends from RM 126.50 to RM 221.50, reflecting moderate variation in unit pricing. With an IQR of RM 95.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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

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