GOLDEN TRIANGLE 2

Area Intelligence
2022
Median Price
RM 690,000
PSF: RM 613

Residential PSF Trends

Median Price

RM 676,000

PSF: RM 582

Commercial PSF Trends

Median Price

RM 750,000

RM 1,124 PSF

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 30 subsale transactions in 2022, with a median price of RM 690K and a median price per square foot (PSF) of RM 613.

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 690K, with most transactions falling within a stable range of RM 617K to RM 750K, and a typical market range of RM 617K to RM 750K.

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

Price per square foot shows a median of RM 613, though individual units vary from RM 440 to RM 786 in the core range. The broader market spans RM 563.50 to RM 662.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 173) 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. Moderate transaction volume may require patience when buying or selling.

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GOLDEN TRIANGLE 2, Barat Daya, Penang

OSM

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Transactions

3 transactions grouped by size

700 sqft
Shop/Retail Lot
RM 1,290,000
Level 1
700 sqft · RM 1,844 PSF
RM 1,290,000
Level 1
701 sqft · RM 1,840 PSF
1,100 sqft
Shop/Retail Lot
RM 1,400,000
Level 1
1,077 sqft · RM 1,300 PSF

No Properties For Sale

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

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