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 686K to RM 814K, and a typical market range of RM 677K to RM 823K.

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

For price per square foot, the median is RM 1,124, with most transactions between RM 1,066 and RM 1,182. The usual range is RM 1,074.50 to RM 1,173.50, showing that most units are priced quite close to each other. With an IQR of RM 99.00 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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GOLDEN TRIANGLE 2, Barat Daya, Penang

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