FERRINGHI EMAS RESORT (EDEN)

FERRINGHI EMAS RESORT (EDEN) in Timur Laut, Penang recorded 17 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 406.

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 350K, with most transactions falling within a stable range of RM 293K to RM 408K, and a typical market range of RM 292K to RM 408K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 406, with core pricing between RM 343 and RM 469. Market pricing typically extends from RM 333.25 to RM 478.75, reflecting moderate variation in unit pricing. The spread of RM 145.50 (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.