EDEN FERRINGHI RESORT

EDEN FERRINGHI RESORT in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 418.

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 400K, with most transactions falling within a stable range of RM 377K to RM 424K, and a typical market range of RM 378K to RM 422K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 418, with most transactions between RM 392 and RM 445. The usual range is RM 394.38 to RM 441.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.25 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.

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.