Area Intelligence

ONE ONE EIGHT

4 properties
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Median Price
RM 447,500
PSF: RM 572

Commercial Market

Median Price

RM 447,500

IQR: RM 165
MAD: RM 73
RM 572 PSF 23.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ONE ONE EIGHT in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 448K and a median price per square foot (PSF) of RM 572.

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 448K, with most transactions falling within a stable range of RM 370K to RM 525K, and a typical market range of RM 355K to RM 540K.

Most transactions involved office lot, with moderate diversity in property types available.

The median PSF stands at RM 572, with core pricing between RM 499 and RM 645. Market pricing typically extends from RM 489.13 to RM 653.88, reflecting moderate variation in unit pricing. With an IQR of RM 164.75 and MAD of RM 73, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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ONE ONE EIGHT, Timur Laut, Penang

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Transactions

4 properties grouped by size

50 sqft
1 units Office Lot
RM 22,000
43 sqft · RM 511.00 PSF
Aug 2022
600 sqft
1 units Office Lot
RM 480,000
614 sqft · RM 782.00 PSF
Aug 2023
650 sqft
1 units Shop/Retail Lot
RM 415,000
657 sqft · RM 632.00 PSF
Aug 2023
1,150 sqft
1 units Shop/Retail Lot
RM 570,000
1,173 sqft · RM 486.00 PSF
Jul 2023