Kawasan Lebuh Mcnair in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM1.15 million and a median price per square foot (PSF) of RM857.

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 RM1.15 million, with most transactions falling within a stable range of RM430K to RM1.88 million, and a typical market range of RM791K to RM1.51 million.

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

Price per square foot shows a median of RM857, though individual units vary from RM294 to RM1,420 in the core range. The broader market spans RM575.50 to RM1,138.50, indicating diverse property characteristics. A wider spread (IQR: RM563.00) and deviation (MAD: RM563) indicate significant PSF variations, likely due to diverse property types or conditions.

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.