EDEN FERRINGHI RESORT

EDEN FERRINGHI RESORT in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.86 million and a median price per square foot (PSF) of RM 351.

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 1.86 million, with most transactions falling within a stable range of RM 1.27 million to RM 2.30 million, and a typical market range of RM 1.70 million to RM 2.02 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 351, with core pricing between RM 288 and RM 414. Market pricing typically extends from RM 308.00 to RM 394.00, reflecting moderate variation in unit pricing. The spread of RM 86.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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.