Moonlight Bay in Timur Laut, Penang recorded 3 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM1.90 million and a median price per square foot (PSF) of RM590.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.90 million, with most transactions falling within a stable range of RM1.88 million to RM2.19 million, and a typical market range of RM1.88 million to RM2.05 million.

Within the Bungalow category, detached dominated the market, though some variety exists in the market.

The median PSF stands at RM590, with core pricing between RM500 and RM680. Market pricing typically extends from RM555.56 to RM624.56, reflecting moderate variation in unit pricing. The spread of RM69.00 (IQR) and deviation of RM90 (MAD) suggest moderate price variations reflecting different property features.

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.