GOLDEN TRIANGLE 2

Area Intelligence
2023
Median Price
RM 726,000
PSF: RM 803

Residential PSF Trends

Median Price

RM 726,000

PSF: RM 803

Commercial PSF Trends

Median Price

RM 1,844,500

RM 2,040 PSF

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 726K and a median price per square foot (PSF) of RM 803.

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 726K, with most transactions falling within a stable range of RM 448K to RM 1.86 million, and a typical market range of RM 653K to RM 799K.

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

Price per square foot shows a median of RM 803, though individual units vary from RM 0 to RM 2,061 in the core range. The broader market spans RM 753.50 to RM 852.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 1,258) 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.

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GOLDEN TRIANGLE 2, Barat Daya, Penang

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Transactions

4 transactions found

RM 822,000
Level 1
904 sqft RM 909.00 PSF
RM 630,000
Level 3
904 sqft RM 697.00 PSF
RM 448,000
Level 3
904 sqft RM 495.00 PSF
RM 3,241,000
Level 3
904 sqft RM 3,585.00 PSF

No Properties For Sale

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

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