THE H2O SHOPLOTS

THE H2O SHOPLOTS in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 708K and a median price per square foot (PSF) of RM 699.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 708K, with most transactions falling within a stable range of RM 420K to RM 995K, and a typical market range of RM 564K to RM 851K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 699, though individual units vary from RM 542 to RM 856 in the core range. The broader market spans RM 620.50 to RM 777.50, indicating diverse property characteristics. The spread of RM 157.00 (IQR) and deviation of RM 157 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.