FERRINGHI EMAS RESORT (EDEN)

FERRINGHI EMAS RESORT (EDEN) in Timur Laut, Penang recorded 18 subsale transactions in 2022, with a median price of RM 345K and a median price per square foot (PSF) of RM 378.

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 345K, with most transactions falling within a stable range of RM 315K to RM 300K, and a typical market range of RM 287K to RM 300K.

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

For price per square foot, the median is RM 378, with most transactions between RM 348 and RM 408. The usual range is RM 305.25 to RM 450.75, showing that most units are priced quite close to each other. With an IQR of RM 145.50 and MAD of RM 30, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.