Area Intelligence

GOLDEN TRIANGLE 2

6 properties
2024
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Median Price
RM 675,000
PSF: RM 581

Residential Market

Median Price

RM 645,000

IQR: RM 74
MAD: RM 36
RM 555 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,617,500

IQR: RM 663
MAD: RM 325
RM 1,383 PSF 10.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GOLDEN TRIANGLE 2 in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 675K and a median price per square foot (PSF) of RM 581.

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 675K, with most transactions falling within a stable range of RM 630K to RM 1.16 million, and a typical market range of RM 630K to RM 742K.

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

Price per square foot shows a median of RM 581, though individual units vary from RM 98 to RM 1,063 in the core range. The broader market spans RM 531.00 to RM 630.00, indicating diverse property characteristics. A wider spread (IQR: RM 99.00) and deviation (MAD: RM 483) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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GOLDEN TRIANGLE 2, Barat Daya, Penang

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Transactions

6 properties grouped by size

1,000 sqft
1 units Shop/Retail Lot
RM 1,925,000
1,023 sqft · RM 1,883.00 PSF
Feb 2024
1,150 sqft
4 units Condo/Apartment
RM 650,000
1,163 sqft · RM 559.00 PSF
Aug 2024
RM 700,000
1,163 sqft · RM 602.00 PSF
Aug 2024
RM 630,000
1,163 sqft · RM 542.00 PSF
Aug 2024
RM 640,000
1,163 sqft · RM 551.00 PSF
Jun 2024
1,500 sqft
1 units Shop/Retail Lot
RM 1,310,000
1,485 sqft · RM 882.00 PSF
May 2024