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 488K to RM 497K, and a typical market range of RM 488K to RM 497K.
Most transactions involved office lot, with moderate diversity in property types available.
For price per square foot, the median is RM 796, with most transactions between RM 795 and RM 796. The usual range is RM 670.25 to RM 920.75, showing that most units are priced quite close to each other. With an IQR of RM 250.50 and MAD of RM 1, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.