ONE ONE EIGHT

ONE ONE EIGHT in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 22K and a median price per square foot (PSF) of RM 511.

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

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

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

For price per square foot, the median is RM 511, with most transactions between RM 511 and RM 511. The usual range is RM 428.63 to RM 593.38, showing that most units are priced quite close to each other. With an IQR of RM 164.75 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.