ONE ONE EIGHT
Commercial Market
Median Price
RM 447,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Office Lot
2 properties
Median Price
RM 251,000
+2,081.8% CAGR
Median PSF
RM 646.50
+53.0% CAGR
Shop/Retail Lot
2 properties
Median Price
RM 492,500
Median PSF
RM 559.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Office Lot | 2 |
RM 251,000
±229K MAD
|
+2,081.82% |
RM 646.50
±136 MAD
|
+53.03% | |
Shop/Retail Lot | 2 |
RM 492,500
|
- |
RM 559.00
|
- |
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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 22,000
|
RM 511.00
|
43 sqft
|
Aug 2022
|
RM 480,000
|
RM 782.00
|
614 sqft
|
Aug 2023
|
RM 415,000
|
RM 632.00
|
657 sqft
|
Aug 2023
|
RM 570,000
|
RM 486.00
|
1,173 sqft
|
Jul 2023
|