Emerald Residence
Jln Bukit Belah, 11920 Bayan Lepas, Pulau Pinang, Malaysia
Jln Bukit Belah, 11920 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 22
|
RM 502,000
|
RM 448
|
1,119 sqft
|
|
Condo |
|
Level 22
|
RM 509,000
|
RM 455
|
1,119 sqft
|
|
Condo |
|
Level 12
|
RM 478,000
|
RM 427
|
1,119 sqft
|
|
Condo |
|
Level 19
|
RM 491,000
|
RM 439
|
1,119 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 496,500
RM 444 psfMedian transaction price
Emerald Residence, Jln Bukit Belah, 11920 Bayan Lepas, Pulau Pinang, Malaysia
MapsEmerald Residence in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM 497K and a median price per square foot (PSF) of RM 444.
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 497K, with most transactions falling within a stable range of RM 485K to RM 508K, and a typical market range of RM 481K to RM 509K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 444, with most transactions between RM 433 and RM 454. The usual range is RM 433.52 to RM 453.52, 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 10 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. Limited transaction history suggests carefully evaluating comparable sales data.