Maritime Piazza in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM1.41 million and a median price per square foot (PSF) of RM1,391.

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 RM1.41 million, with most transactions falling within a stable range of RM1.16 million to RM1.67 million, and a typical market range of RM1.11 million to RM1.71 million.

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

The median PSF stands at RM1,391, with core pricing between RM1,164 and RM1,618. Market pricing typically extends from RM955.75 to RM1,825.25, reflecting moderate variation in unit pricing. The spread of RM869.50 (IQR) and deviation of RM227 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.