ONE STOP MIDLANDS PARK
Commercial Market
Median Price
RM 210,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
11 properties
Median Price
RM 120,000
+42.1% CAGR
Median PSF
RM 182.00
+42.6% CAGR
Office Lot
2 properties
Median Price
RM 680,000
Median PSF
RM 172.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Shop/Retail Lot | 11 |
RM 120,000
±16K MAD
|
+42.10% |
RM 182.00
±8 MAD
|
+42.64% | |
Office Lot | 2 |
RM 680,000
|
- |
RM 172.00
|
- |
ONE STOP MIDLANDS PARK in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 210K and a median price per square foot (PSF) of RM 354.
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 shop unit/retail lot, though some variety exists in the market.
For price per square foot, the median is RM 354, with most transactions between RM 354 and RM 354. The usual range is RM 306.50 to RM 401.50, showing that most units are priced quite close to each other. With an IQR of RM 95.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 210,000
|
RM 354.00
|
594 sqft
|
Mar 2024
|