EMERALD RESIDENCE

EMERALD RESIDENCE in Barat Daya, Penang recorded 59 subsale transactions in 2024, with a median price of RM 539K and a median price per square foot (PSF) of RM 480.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 539K, with most transactions falling within a stable range of RM 508K to RM 570K, and a typical market range of RM 524K to RM 554K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 480, with most transactions between RM 454 and RM 506. The usual range is RM 470.00 to RM 490.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.00 and an average deviation (MAD) of RM 26 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.