SUNNY POINT

SUNNY POINT in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 253.

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 253, with most transactions between RM 253 and RM 253. The usual range is RM 63.75 to RM 442.25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.