LAGENDA EMERALD in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 923K and a median price per square foot (PSF) of RM 558.
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 923K, with most transactions falling within a stable range of RM 865K to RM 980K, and a typical market range of RM 864K to RM 981K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 558, with core pricing between RM 499 and RM 618. Market pricing typically extends from RM 488.43 to RM 628.19, reflecting moderate variation in unit pricing. With an IQR of RM 139.75 and MAD of RM 60, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.