SHINEVILLE LMC

SHINEVILLE LMC in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 255K and a median price per square foot (PSF) of RM 365.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 255K, with most transactions falling within a stable range of RM 210K to RM 300K, and a typical market range of RM 233K to RM 278K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 365, with core pricing between RM 300 and RM 429. Market pricing typically extends from RM 332.50 to RM 396.50, reflecting moderate variation in unit pricing. The spread of RM 64.00 (IQR) and deviation of RM 65 (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.