GOLDEN TRIANGLE 2

Area Intelligence
2021
Median Price
RM 454,000
PSF: RM 479

Residential PSF Trends

Median Price

RM 454,000

PSF: RM 479

Commercial PSF Trends

Median Price

RM 775,000

RM 931 PSF

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 1 subsale transactions in 2021, with a median price of RM 454K and a median price per square foot (PSF) of RM 479.

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 454K, with most transactions falling within a stable range of RM 390K to RM 518K, and a typical market range of RM 381K to RM 527K.

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

The median PSF stands at RM 479, with core pricing between RM 421 and RM 537. Market pricing typically extends from RM 429.50 to RM 528.50, reflecting moderate variation in unit pricing. 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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