GOLDEN TRIANGLE 2

Area Intelligence
2022
Median Price
RM 750,000
PSF: RM 1,124

Residential PSF Trends

Median Price

RM 588,000

PSF: RM 650

Commercial PSF Trends

Median Price

RM 750,000

RM 1,127 PSF

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 1,124.

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 750K, with most transactions falling within a stable range of RM 550K to RM 1.05 million, and a typical market range of RM 677K to RM 823K.

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

Price per square foot shows a median of RM 1,124, though individual units vary from RM 675 to RM 1,573 in the core range. The broader market spans RM 1,074.50 to RM 1,173.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 449) 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. 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

OSM

Track location

Transactions

7 transactions found

RM 588,000
Level 3
904 sqft RM 650.00 PSF
RM 750,000
Level 2
664 sqft RM 1,129.00 PSF
RM 550,000
Level 3
664 sqft RM 828.00 PSF
RM 750,000
Level 2
667 sqft RM 1,124.00 PSF
RM 550,000
Level 3
667 sqft RM 824.00 PSF
RM 1,290,000
Level 1
700 sqft RM 1,844.00 PSF
RM 1,290,000
Level 1
701 sqft RM 1,840.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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