The H2O Shoplots
301-1-1, Jalan Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
301-1-1, Jalan Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
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301-1-1, Jalan Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
MapsThe H2O Shoplots in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 542.
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 542, with most transactions between RM 542 and RM 542. The usual range is RM 463.44 to RM 620.44, 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.
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.