Jalan Rangoon in Timur Laut, Penang recorded 2 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM3.18 million and a median price per square foot (PSF) of RM513.

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 RM3.18 million, with most transactions falling within a stable range of RM2.90 million to RM3.45 million, and a typical market range of RM3.11 million to RM3.24 million.

Within the 4-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM513, with core pricing between RM461 and RM566. Market pricing typically extends from RM189.78 to RM837.04, reflecting moderate variation in unit pricing. With an IQR of RM647.25 and MAD of RM53, 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.