KAWASAN LEBUH BEACH

KAWASAN LEBUH BEACH in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 4.50 million and a median price per square foot (PSF) of RM 909.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 909, with most transactions between RM 909 and RM 909. The usual range is RM 819.50 to RM 998.50, showing that most units are priced quite close to each other. With an IQR of RM 179.00 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.