Kawasan Lebuh Beach in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM3.15 million and a median price per square foot (PSF) of RM1,088.

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 RM3.15 million, with most transactions falling within a stable range of RM1.80 million to RM4.50 million, and a typical market range of RM2.48 million to RM3.83 million.

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

The median PSF stands at RM1,088, with core pricing between RM909 and RM1,267. Market pricing typically extends from RM998.50 to RM1,177.50, reflecting moderate variation in unit pricing. The spread of RM179.00 (IQR) and deviation of RM179 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.