ONE ONE EIGHT in Timur Laut, Penang recorded 2 subsale transactions in 2025, with a median price of RM 493K and a median price per square foot (PSF) of RM 796.
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 493K, with most transactions falling within a stable range of RM 452K to RM 534K, and a typical market range of RM 461K to RM 524K.
Most transactions involved office lot, with moderate diversity in property types available.
The median PSF stands at RM 796, with core pricing between RM 707 and RM 884. Market pricing typically extends from RM 670.25 to RM 920.75, reflecting moderate variation in unit pricing. With an IQR of RM 250.50 and MAD of RM 89, 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.