Area Intelligence

SHINEVILLE LMC

3 properties
2022
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Median Price
RM 320,000
PSF: RM 457

Residential Market

Median Price

RM 320,000

IQR: RM 64
MAD: RM 29
RM 457 PSF 9.0%

PSF Trends (2021-2025)

SHINEVILLE LMC in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 457.

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 320K, with most transactions falling within a stable range of RM 300K to RM 341K, and a typical market range of RM 300K to RM 343K.

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

For price per square foot, the median is RM 457, with most transactions between RM 428 and RM 486. The usual range is RM 425.00 to RM 489.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 29, 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.

Area Location

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SHINEVILLE LMC, Timur Laut, Penang

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Transactions

3 properties grouped by size

700 sqft
3 units Flat
RM 300,000
700 sqft · RM 429.00 PSF
Oct 2022
RM 320,000
700 sqft · RM 457.00 PSF
Jun 2022
RM 350,000
700 sqft · RM 500.00 PSF
Mar 2022