Area Intelligence

SHINEVILLE LMC

8 properties
2023
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Median Price
RM 277,500
PSF: RM 397

Residential Market

Median Price

RM 277,500

IQR: RM 64
MAD: RM 29
RM 397 PSF 9.0%

PSF Trends (2021-2025)

SHINEVILLE LMC in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 278K and a median price per square foot (PSF) of RM 397.

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 278K, with most transactions falling within a stable range of RM 252K to RM 303K, and a typical market range of RM 255K to RM 300K.

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

For price per square foot, the median is RM 397, with most transactions between RM 360 and RM 433. The usual range is RM 364.50 to RM 428.50, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 36, 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

8 properties grouped by size

700 sqft
8 units Flat
RM 280,000
700 sqft · RM 400.00 PSF
Nov 2023
RM 265,000
700 sqft · RM 379.00 PSF
Oct 2023
RM 240,000
700 sqft · RM 343.00 PSF
Jul 2023
RM 250,000
700 sqft · RM 357.00 PSF
Jul 2023
RM 300,000
700 sqft · RM 429.00 PSF
Jun 2023
RM 320,000
700 sqft · RM 457.00 PSF
Jun 2023
RM 300,000
700 sqft · RM 429.00 PSF
Apr 2023
RM 275,000
700 sqft · RM 393.00 PSF
Feb 2023