SUNSHINE RESIDENCE

SUNSHINE RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 536K and a median price per square foot (PSF) of RM 461.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 536K, with most transactions falling within a stable range of RM 378K to RM 693K, and a typical market range of RM 457K to RM 614K.

Most transactions involved service apartment, with minimal variety in property types.

Price per square foot shows a median of RM 461, though individual units vary from RM 325 to RM 596 in the core range. The broader market spans RM 392.75 to RM 528.25, indicating diverse property characteristics. A wider spread (IQR: RM 135.50) and deviation (MAD: RM 136) 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.