SHINEVILLE LMC in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 472.
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 330K, with most transactions falling within a stable range of RM 308K to RM 353K, and a typical market range of RM 304K to RM 356K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 472, with most transactions between RM 440 and RM 505. The usual range is RM 434.75 to RM 509.25, showing that most units are priced quite close to each other. With an IQR of RM 74.50 and MAD of RM 33, 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. 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.