FERRINGHI EMAS RESORT (EDEN)

FERRINGHI EMAS RESORT (EDEN) in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 358K and a median price per square foot (PSF) of RM 466.

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 358K, with most transactions falling within a stable range of RM 300K to RM 415K, and a typical market range of RM 299K to RM 416K.

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

The median PSF stands at RM 466, with core pricing between RM 403 and RM 529. Market pricing typically extends from RM 392.75 to RM 538.25, reflecting moderate variation in unit pricing. With an IQR of RM 145.50 and MAD of RM 63, 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.