GOLDEN TRIANGLE 2

Area Intelligence
2023
Median Price
RM 680,000
PSF: RM 618

Residential PSF Trends

Median Price

RM 654,000

PSF: RM 580

Commercial PSF Trends

Median Price

RM 800,000

RM 743 PSF

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 17 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 618.

This area contains both residential and commercial properties. View 51 residential properties or 18 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 616K to RM 744K, and a typical market range of RM 607K to RM 753K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 618, with most transactions between RM 560 and RM 676. The usual range is RM 568.50 to RM 667.50, showing that most units are priced quite close to each other. With an IQR of RM 99.00 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.

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.

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GOLDEN TRIANGLE 2, Barat Daya, Penang

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