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 1
|
RM 1,700,000
|
RM 770
|
2,207 sqft
|
|
Shop |
|
Level 2
|
RM 900,000
|
RM 408
|
2,207 sqft
|
|
Shop |
|
Level 3
|
RM 700,000
|
RM 317
|
2,207 sqft
|
|
Shop |
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Market Snapshot
RM 512,500
RM 438 psfMedian transaction price
RM 900,000
RM 408 psfMedian transaction price
29, Jln Paya Terubung, Relau, 11060 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Golden Triangle in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 2,175 and 2,224 sqft, with a median price of RM 900K and a median price per square foot (PSF) of RM 408.
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 900K, with most transactions falling within a stable range of RM 700K to RM 1.33 million, and a typical market range of RM 817K to RM 983K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 408, though individual units vary from RM 212 to RM 604 in the core range. The broader market spans RM 375.87 to RM 439.87, indicating diverse property characteristics. A wider spread (IQR: RM 64.00) and deviation (MAD: RM 196) 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.