THE GOLDEN TRIANGLE in Barat Daya, Penang recorded 14 subsale transactions in 2023, with a median price of RM 540K and a median price per square foot (PSF) of RM 446.
This area contains both residential and commercial properties. View 59 residential properties or 17 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 540K, with most transactions falling within a stable range of RM 491K to RM 589K, and a typical market range of RM 452K to RM 628K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 446, with most transactions between RM 412 and RM 479. The usual range is RM 412.25 to RM 478.75, showing that most units are priced quite close to each other. With an IQR of RM 66.50 and MAD of RM 34, 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.
