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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 1
|
RM 1,700,000
|
RM 1,628
|
1,044 sqft
|
|
Shop |
|
Level 14
|
RM 498,000
|
RM 441
|
1,130 sqft
|
|
Condo |
|
Level 2
|
RM 699,000
|
RM 496
|
1,410 sqft
|
|
Shop |
|
Level 2
|
RM 850,000
|
RM 603
|
1,410 sqft
|
|
Shop |
|
Level 12
|
RM 490,000
|
RM 434
|
1,130 sqft
|
|
Condo |
|
Level 15
|
RM 499,000
|
RM 442
|
1,130 sqft
|
|
Condo |
|
Level 6
|
RM 868,000
|
RM 354
|
2,454 sqft
|
|
Condo |
|
Level 6
|
RM 800,000
|
RM 354
|
2,260 sqft
|
|
Condo |
|
Level 10
|
RM 560,000
|
RM 495
|
1,130 sqft
|
|
Condo |
|
Level 20
|
RM 590,000
|
RM 461
|
1,281 sqft
|
|
Condo |
|
Level 11
|
RM 538,000
|
RM 476
|
1,130 sqft
|
|
Condo |
|
Level 12
|
RM 630,000
|
RM 557
|
1,130 sqft
|
|
Condo |
|
Level 21
|
RM 498,000
|
RM 441
|
1,130 sqft
|
|
Condo |
|
Level 15
|
RM 500,000
|
RM 442
|
1,130 sqft
|
|
Condo |
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Market Snapshot
RM 538,000
RM 442 psfMedian transaction price
RM 850,000
RM 603 psfMedian transaction price
29, Jln Paya Terubung, Relau, 11060 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Golden Triangle in Barat Daya, Penang recorded 14 subsale transactions in 2024, with a median price of RM 575K and a median price per square foot (PSF) of RM 452.
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 575K, with most transactions falling within a stable range of RM 490K to RM 883K, and a typical market range of RM 492K to RM 658K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 452, though individual units vary from RM 144 to RM 759 in the core range. The broader market spans RM 419.50 to RM 483.50, indicating diverse property characteristics. A wider spread (IQR: RM 64.00) and deviation (MAD: RM 307) 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.