Penang
Timur Laut
Georgetown
TUNG HIN BUILDING

TUNG HIN BUILDING

Area Intelligence

2022

Median Price

RM 300,000

PSF: RM 648

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Commercial PSF Trends

Median Price

RM 300,000

RM 648 PSF

TUNG HIN BUILDING in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 648.

This area contains both residential and commercial properties. View 1 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 648, with most transactions between RM 648 and RM 648. The usual range is RM 592.50 to RM 703.50, showing that most units are priced quite close to each other. With an IQR of RM 111.00 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TUNG HIN BUILDING, Timur Laut, Penang

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