Penang
Timur Laut
Batu Feringgi
EDEN FERRINGHI RESORT

EDEN FERRINGHI RESORT

Area Intelligence

2022

Median Price

RM 385,000

PSF: RM 402

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Residential PSF Trends

Median Price

RM 385,000

PSF: RM 402

EDEN FERRINGHI RESORT in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 385K and a median price per square foot (PSF) of RM 402.

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 385K, with most transactions falling within a stable range of RM 370K to RM 400K, and a typical market range of RM 370K to RM 400K.

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

For price per square foot, the median is RM 402, with most transactions between RM 386 and RM 418. The usual range is RM 378.38 to RM 425.63, 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 16 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.

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EDEN FERRINGHI RESORT, Timur Laut, Penang

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