Jalan Rangoon in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,000 and 5,000 sqft, with a median price of RM2.72 million and a median price per square foot (PSF) of RM1,029.

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 RM2.72 million, with most transactions falling within a stable range of RM2.58 million to RM2.85 million, and a typical market range of RM2.65 million to RM2.78 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM1,029, with core pricing between RM871 and RM1,187. Market pricing typically extends from RM705.15 to RM1,352.40, reflecting moderate variation in unit pricing. The spread of RM647.25 (IQR) and deviation of RM158 (MAD) suggest moderate price variations reflecting different property features.

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.