Sunshine Residence

Kampung Melayu, 11500 Air Itam, Penang, Malaysia

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Kampung Melayu, 11500 Air Itam, Penang, Malaysia

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Sunshine Residence in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM697K and a median price per square foot (PSF) of RM522.

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 RM697K, with most transactions falling within a stable range of RM693K to RM701K, and a typical market range of RM654K to RM740K.

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

For price per square foot, the median is RM522, with most transactions between RM485 and RM559. The usual range is RM488.13 to RM555.88, showing that most units are priced quite close to each other. With an IQR of RM67.75 and MAD of RM37, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.