THE GOLDEN TRIANGLE

Area Intelligence
2022
Median Price
RM 531,500
PSF: RM 420

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 867K, and a typical market range of RM 900K to RM 620K.

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

Price per square foot shows a median of RM 420, though individual units vary from RM 255 to RM 585 in the core range. The broader market spans RM 386.75 to RM 453.25, indicating diverse property characteristics. A wider spread (IQR: RM 66.50) and deviation (MAD: RM 165) 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. Moderate transaction volume may require patience when buying or selling.

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THE GOLDEN TRIANGLE, Barat Daya, Penang

OSM

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Transactions

4 transactions grouped by size

2,200 sqft
Shop/Retail Lot
RM 1,700,000
Level 1
2,207 sqft · RM 770 PSF
RM 900,000
Level 2
2,207 sqft · RM 408 PSF
2,350 sqft
Condo/Apartment
RM 990,000
Level 26
2,347 sqft · RM 422 PSF
2,550 sqft
Condo/Apartment
RM 900,000
Level 6
2,562 sqft · RM 351 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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