Penang
Barat Daya
12
BUKIT GEDONG

BUKIT GEDONG

Area Intelligence

2023

Median Price

RM 310,000

PSF: RM 427

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 427

BUKIT GEDONG in Barat Daya, Penang recorded 17 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 427.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved cluster house, with high diversity across multiple property types.

For price per square foot, the median is RM 427, with most transactions between RM 427 and RM 427. The usual range is RM 354.38 to RM 499.63, showing that most units are priced quite close to each other. With an IQR of RM 145.25 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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BUKIT GEDONG, Barat Daya, Penang

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