THE GOLDEN TRIANGLE

THE GOLDEN TRIANGLE in Barat Daya, Penang recorded 19 subsale transactions in 2021, with a median price of RM 520K and a median price per square foot (PSF) of RM 425.

This area contains both residential and commercial properties. View 59 residential properties or 17 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 520K, with most transactions falling within a stable range of RM 448K to RM 730K, and a typical market range of RM 448K to RM 608K.

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

Price per square foot shows a median of RM 425, though individual units vary from RM 189 to RM 661 in the core range. The broader market spans RM 391.75 to RM 458.25, indicating diverse property characteristics. A wider spread (IQR: RM 66.50) and deviation (MAD: RM 236) 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. Limited transaction history suggests carefully evaluating comparable sales data.