One One Eight

118, Jln Tanjung Tokong, Seri Tanjung Pinang, 10470 Tanjung Tokong, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 480,000
PSF
RM 632
Price Size
600 sqft
Office
RM 480,000
Level 12
614 sqft · RM 782 PSF
650 sqft
Shop
RM 415,000
Level 8
657 sqft · RM 632 PSF
1,150 sqft
Shop
RM 570,000
Level 10
1,173 sqft · RM 486 PSF
Legend Recent Highest Price Highest PSF
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One One Eight
© OpenStreetMap · CARTO

118, Jln Tanjung Tokong, Seri Tanjung Pinang, 10470 Tanjung Tokong, Penang, Malaysia

Maps

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 506.79 to RM 757.29, 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.