BUKIT GEDONG

BUKIT GEDONG in Barat Daya, Penang recorded 10 subsale transactions in 2024, with a median price of RM 285K and a median price per square foot (PSF) of RM 412.

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 285K, with most transactions falling within a stable range of RM 200K to RM 460K, and a typical market range of RM 225K to RM 345K.

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

Price per square foot shows a median of RM 412, though individual units vary from RM 317 to RM 507 in the core range. The broader market spans RM 346.00 to RM 478.00, indicating diverse property characteristics. The spread of RM 132.00 (IQR) and deviation of RM 95 (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.