ONE ONE EIGHT Property Investment Analysis

Tanjung Tokong, Timur Laut, Penang

Median Price
RM 447,500
CAGR
+2,081.8%
Median PSF
RM 571.50
CAGR
+23.7%
Transactions
4
Period
2022-2023

ONE ONE EIGHT in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 448K and a median price per square foot (PSF) of RM 572.

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 448K, with most transactions falling within a stable range of RM 370K to RM 525K, and a typical market range of RM 355K to RM 540K.

Most transactions involved office lot, with moderate diversity in property types available.

The median PSF stands at RM 572, with core pricing between RM 499 and RM 645. Market pricing typically extends from RM 489.13 to RM 653.88, reflecting moderate variation in unit pricing. With an IQR of RM 164.75 and MAD of RM 73, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

4 found
Office Lot
RM 480,000
PSF: RM 782.00
Area: 614 sqft
Date: Aug 2023
Shop Unit/Retail Lot
RM 415,000
PSF: RM 632.00
Area: 657 sqft
Date: Aug 2023
Shop Unit/Retail Lot
RM 570,000
PSF: RM 486.00
Area: 1,173 sqft
Date: Jul 2023
Office Lot
RM 22,000
PSF: RM 511.00
Area: 43 sqft
Date: Aug 2022