THE H2O SHOPLOTS

THE H2O SHOPLOTS in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 995K and a median price per square foot (PSF) of RM 856.

This area consists exclusively of commercial properties, with no residential listings recorded.

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

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

For price per square foot, the median is RM 856, with most transactions between RM 856 and RM 856. The usual range is RM 777.50 to RM 934.50, showing that most units are priced quite close to each other. With an IQR of RM 157.00 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.