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.

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

For price per square foot, the median is RM 632, with most transactions between RM 632 and RM 632. The usual range is RM 506.75 to RM 757.25, showing that most units are priced quite close to each other. With an IQR of RM 250.50 and MAD of RM 0, 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.

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ONE ONE EIGHT, Timur Laut, Penang

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Transactions

3 transactions grouped by size

600 sqft
Office Lot
RM 480,000
Level 12
614 sqft · RM 782 PSF
650 sqft
Shop/Retail Lot
RM 415,000
Level 8
657 sqft · RM 632 PSF
1,150 sqft
Shop/Retail Lot
RM 570,000
Level 10
1,173 sqft · RM 486 PSF

No Properties For Sale

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

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