BUKIT GEDONG

BUKIT GEDONG in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 230K and a median price per square foot (PSF) of RM 396.

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 230K, with most transactions falling within a stable range of RM 200K to RM 281K, and a typical market range of RM 200K to RM 290K.

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

For price per square foot, the median is RM 396, with most transactions between RM 373 and RM 419. The usual range is RM 330.00 to RM 462.00, showing that most units are priced quite close to each other. With an IQR of RM 132.00 and MAD of RM 23, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.