Cloud 9

Unnamed Road, 11600, 11600 Jelutong, Penang, Malaysia

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Unnamed Road, 11600, 11600 Jelutong, Penang, Malaysia

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Cloud 9 in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM800K and a median price per square foot (PSF) of RM695.

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 RM800K, with most transactions falling within a stable range of RM680K to RM920K, and a typical market range of RM690K to RM910K.

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

The median PSF stands at RM695, with core pricing between RM562 and RM828. Market pricing typically extends from RM576.00 to RM814.00, reflecting moderate variation in unit pricing. The spread of RM238.00 (IQR) and deviation of RM133 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.