Area Intelligence

SHINEVILLE VILLAS

1 properties
2024
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Median Price
RM 925,000
PSF: RM 661

Residential Market

Median Price

RM 925,000

IQR: RM 23
MAD: RM 13
RM 661 PSF 2.5%

PSF Trends (2021-2025)

SHINEVILLE VILLAS in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 925K and a median price per square foot (PSF) of RM 661.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 661, with most transactions between RM 661 and RM 661. The usual range is RM 649.38 to RM 672.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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 VILLAS, Timur Laut, Penang

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Transactions

1 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 925,000
SOLOK THEAN TEIK 1
1,399 sqft · RM 661.00 PSF
Apr 2024