Emerald Park
11950 Bayan Lepas, Pulau Pinang, Malaysia
11950 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Solok Bukit Belah 2
|
RM 1,000,000
|
RM 451
|
2,217 sqft
|
|
|
Solok Bukit Belah 1
|
RM 1,020,000
|
RM 431
|
2,368 sqft
|
|
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Emerald Park, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsEmerald Park in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 689K and a median price per square foot (PSF) of RM 451.
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 689K, with most transactions falling within a stable range of RM 372K to RM 1.01 million, and a typical market range of RM 374K to RM 1.00 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM 451, with most transactions between RM 437 and RM 464. The usual range is RM 430.98 to RM 470.98, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.