SUNNY POINT
Commercial Market
Median Price
RM 430,000
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 1 subsale transactions in 2022, with a median price of RM 430K and a median price per square foot (PSF) of RM 269.
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, though some variety exists in the market.
For price per square foot, the median is RM 269, with most transactions between RM 269 and RM 269. The usual range is RM 79.75 to RM 458.25, showing that most units are priced quite close to each other. With an IQR of RM 378.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 430,000
|
RM 269.00
|
1,596 sqft
|
Jun 2022
|