Farlim in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM128K and a median price per square foot (PSF) of RM359.

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 RM128K, with most transactions falling within a stable range of RM115K to RM140K, and a typical market range of RM119K to RM136K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM359, with most transactions between RM324 and RM394. The usual range is RM337.69 to RM380.19, showing that most units are priced quite close to each other. A typical spread (IQR) of RM42.50 and an average deviation (MAD) of RM35 indicate a highly stable PSF trend across properties.

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.