GOLDEN TRIANGLE 2

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 30 subsale transactions in 2022, with a median price of RM 690K and a median price per square foot (PSF) of RM 613.

This area contains both residential and commercial properties. View 49 residential properties or 18 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 690K, with most transactions falling within a stable range of RM 518K to RM 904K, and a typical market range of RM 623K to RM 757K.

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

Price per square foot shows a median of RM 613, though individual units vary from RM 264 to RM 962 in the core range. The broader market spans RM 563.50 to RM 662.50, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 349) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.