The Golden Triangle
29, Jln Paya Terubung, Relau, 11060 Bayan Lepas, Pulau Pinang, Malaysia
29, Jln Paya Terubung, Relau, 11060 Bayan Lepas, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 15
|
RM 556,000
|
RM 453
|
1,227 sqft
|
|
Condo |
|
Level 13
|
RM 500,000
|
RM 407
|
1,227 sqft
|
|
Condo |
|
Level 19
|
RM 499,000
|
RM 407
|
1,227 sqft
|
|
Condo |
|
Level 12
|
RM 550,000
|
RM 448
|
1,227 sqft
|
|
Condo |
|
Level 24
|
RM 470,000
|
RM 383
|
1,227 sqft
|
|
Condo |
| 2021 | |||||
|
Level 17
|
RM 485,000
|
RM 396
|
1,226 sqft
|
|
Condo |
|
Level 20
|
RM 515,000
|
RM 420
|
1,227 sqft
|
|
Condo |
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Market Snapshot
RM 500,000
RM 407 psfMedian transaction price
RM 700,000
RM 501 psfMedian transaction price
29, Jln Paya Terubung, Relau, 11060 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Golden Triangle in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM 500K and a median price per square foot (PSF) of RM 407.
This area contains both residential and commercial properties. View 60 residential properties or 19 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 470K to RM 530K, and a typical market range of RM 470K to RM 556K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 407, with most transactions between RM 383 and RM 432. The usual range is RM 375.47 to RM 439.47, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 24, 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.