ONE ONE EIGHT

Area Intelligence
2023
Median Price
RM 480,000
PSF: RM 632

Commercial PSF Trends

Median Price

RM 480,000

RM 632 PSF

ONE ONE EIGHT in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 632.

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 480K, with most transactions falling within a stable range of RM 416K to RM 544K, and a typical market range of RM 448K to RM 512K.

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

The median PSF stands at RM 632, with core pricing between RM 511 and RM 753. Market pricing typically extends from RM 506.75 to RM 757.25, reflecting moderate variation in unit pricing. The spread of RM 250.50 (IQR) and deviation of RM 121 (MAD) suggest moderate price variations reflecting different property features.

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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ONE ONE EIGHT, Timur Laut, Penang

OSM

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Transactions

3 transactions found

RM 480,000
Level 12
614 sqft RM 782.00 PSF
RM 415,000
Level 8
657 sqft RM 632.00 PSF
RM 570,000
Level 10
1,173 sqft RM 486.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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