GOLDEN TRIANGLE 2

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 49 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 448K to RM 1.35 million, and a typical market range of RM 613K to RM 747K.

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

Price per square foot shows a median of RM 618, though individual units vary from RM 0 to RM 1,336 in the core range. The broader market spans RM 568.50 to RM 667.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 718) 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.