GOLDEN TRIANGLE 2

Area Intelligence
2021
Median Price
RM 684,000
PSF: RM 609

Residential PSF Trends

Median Price

RM 670,000

PSF: RM 582

Commercial PSF Trends

Median Price

RM 775,000

RM 931 PSF

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 0 subsale transactions in 2021, with a median price of RM 684K and a median price per square foot (PSF) of RM 609.

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 684K, with most transactions falling within a stable range of RM 620K to RM 748K, and a typical market range of RM 611K to RM 757K.

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

For price per square foot, the median is RM 609, with most transactions between RM 551 and RM 667. The usual range is RM 559.50 to RM 658.50, 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.

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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