Jalan Rangoon in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM3.00 million and a median price per square foot (PSF) of RM571.

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 RM3.00 million, with most transactions falling within a stable range of RM2.85 million to RM3.23 million, and a typical market range of RM2.93 million to RM3.07 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM571, though individual units vary from RM441 to RM702 in the core range. The broader market spans RM247.51 to RM894.76, indicating diverse property characteristics. The spread of RM647.25 (IQR) and deviation of RM131 (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.