SUNNY POINT
Commercial Market
Median Price
RM 465,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Office Lot
3 properties
Median Price
RM 430,000
+7.8% CAGR
Median PSF
RM 269.00
+31.5% CAGR
Shop/Retail Lot
1 properties
Median Price
RM 990,000
Median PSF
RM 1,179.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Office Lot | 3 |
RM 430,000
±70K MAD
|
+7.83% |
RM 269.00
±16 MAD
|
+31.48% | |
Shop/Retail Lot | 1 |
RM 990,000
|
- |
RM 1,179.00
|
- |
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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 990,000
|
RM 1,179.00
|
840 sqft
|
Jul 2024
|
RM 240,000
|
RM 253.00
|
947 sqft
|
Dec 2023
|
RM 500,000
|
RM 465.00
|
1,076 sqft
|
Oct 2024
|
RM 430,000
|
RM 269.00
|
1,596 sqft
|
Jun 2022
|