GOLDEN TRIANGLE 2

Area Intelligence
2023
Median Price
RM 680,000
PSF: RM 585

Residential PSF Trends

Median Price

RM 654,000

PSF: RM 563

Commercial PSF Trends

Median Price

RM 800,000

RM 743 PSF

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 13 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 585.

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 680K, with most transactions falling within a stable range of RM 518K to RM 1.06 million, and a typical market range of RM 607K to RM 753K.

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

Price per square foot shows a median of RM 585, though individual units vary from RM 345 to RM 825 in the core range. The broader market spans RM 535.50 to RM 634.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 240) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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GOLDEN TRIANGLE 2, Barat Daya, Penang

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Transactions

13 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 518,000
Level 5
1,023 sqft · RM 507 PSF
1,100 sqft
RM 529,000
Level 5
1,076 sqft · RM 491 PSF
RM 1,500,000
Level 1
1,076 sqft · RM 1,394 PSF
RM 800,000
Level 2
1,076 sqft · RM 743 PSF
RM 700,000
Level 3
1,076 sqft · RM 650 PSF
1,150 sqft
RM 720,000
Level 21
1,163 sqft · RM 619 PSF
RM 630,000
Level 29
1,163 sqft · RM 542 PSF
RM 668,000
Level 37
1,163 sqft · RM 575 PSF
RM 640,000
Level 32
1,161 sqft · RM 551 PSF
RM 719,000
Level 38
1,163 sqft · RM 618 PSF
RM 636,000
Level 32
1,163 sqft · RM 547 PSF
RM 680,000
Level 23
1,163 sqft · RM 585 PSF
1,900 sqft
Shop/Retail Lot
RM 1,856,000
Level 2
1,894 sqft · RM 980 PSF

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

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