Area Intelligence

SUNNY POINT

4 properties
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Median Price
RM 465,000
PSF: RM 367

Commercial Market

Median Price

RM 465,000

IQR: RM 379
MAD: RM 106
RM 367 PSF 74.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SUNNY POINT in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 465K and a median price per square foot (PSF) of RM 367.

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 465K, with most transactions falling within a stable range of RM 335K to RM 595K, and a typical market range of RM 345K to RM 585K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM 367, though individual units vary from RM 261 to RM 473 in the core range. The broader market spans RM 177.75 to RM 556.25, indicating diverse property characteristics. A wider spread (IQR: RM 378.50) and deviation (MAD: RM 106) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SUNNY POINT, Timur Laut, Penang

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Transactions

4 properties grouped by size

850 sqft
1 units Shop/Retail Lot
RM 990,000
840 sqft · RM 1,179.00 PSF
Jul 2024
950 sqft
1 units Office Lot
RM 240,000
947 sqft · RM 253.00 PSF
Dec 2023
1,100 sqft
1 units Office Lot
RM 500,000
1,076 sqft · RM 465.00 PSF
Oct 2024
1,600 sqft
1 units Office Lot
RM 430,000
1,596 sqft · RM 269.00 PSF
Jun 2022