One Square

Tingkat Mahsuri 1, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

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One Square, Tingkat Mahsuri 1, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

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One Square in Barat Daya, Penang recorded 0 subsale transactions in 2022, with a median price of RM295K and a median price per square foot (PSF) of RM518.

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 RM295K, with most transactions falling within a stable range of RM220K to RM370K, and a typical market range of RM159K to RM431K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM518, though individual units vary from RM367 to RM669 in the core range. The broader market spans RM340.50 to RM695.50, indicating diverse property characteristics. A wider spread (IQR: RM355.00) and deviation (MAD: RM151) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.