Penang
Barat Daya
12
BUKIT GEDONG

BUKIT GEDONG

Area Intelligence

2022

Median Price

RM 580,000

PSF: RM 416

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Residential PSF Trends

Median Price

RM 580,000

PSF: RM 416

BUKIT GEDONG in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 416.

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 580K, with most transactions falling within a stable range of RM 400K to RM 760K, and a typical market range of RM 524K to RM 636K.

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

The median PSF stands at RM 416, with core pricing between RM 357 and RM 475. Market pricing typically extends from RM 343.38 to RM 488.63, reflecting moderate variation in unit pricing. With an IQR of RM 145.25 and MAD of RM 59, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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BUKIT GEDONG, Barat Daya, Penang

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