BUKIT GEDONG

BUKIT GEDONG in Barat Daya, Penang recorded 7 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 165K and a median price per square foot (PSF) of RM 333.

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 165K, with most transactions falling within a stable range of RM 139K to RM 191K, and a typical market range of RM 130K to RM 210K.

Within the Low-Cost Flat category, cluster house dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 333, with core pricing between RM 280 and RM 386. Market pricing typically extends from RM 260.38 to RM 405.63, reflecting moderate variation in unit pricing. The spread of RM 145.25 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.

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.