Penang
Barat Daya
10
THE GOLDEN TRIANGLE

THE GOLDEN TRIANGLE

Area Intelligence

2022

Median Price

RM 531,500

PSF: RM 420

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Residential PSF Trends

Median Price

RM 515,000

PSF: RM 422

Commercial PSF Trends

Median Price

RM 700,000

RM 408 PSF

THE GOLDEN TRIANGLE in Barat Daya, Penang recorded 28 subsale transactions in 2022, with a median price of RM 532K and a median price per square foot (PSF) of RM 420.

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 532K, with most transactions falling within a stable range of RM 900K to RM 574K, and a typical market range of RM 900K to RM 620K.

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

For price per square foot, the median is RM 420, with most transactions between RM 389 and RM 451. The usual range is RM 386.75 to RM 453.25, showing that most units are priced quite close to each other. With an IQR of RM 66.50 and MAD of RM 31, 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. Moderate transaction volume may require patience when buying or selling.

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THE GOLDEN TRIANGLE, Barat Daya, Penang

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