Area Intelligence

THE GOLDEN TRIANGLE

14 properties
2023
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Median Price
RM 540,000
PSF: RM 446

Residential Market

Median Price

RM 515,000

IQR: RM 49
MAD: RM 25
RM 446 PSF 2.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 990,000

IQR: RM 498
MAD: RM 182
RM 680 PSF 8.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

THE GOLDEN TRIANGLE in Barat Daya, Penang recorded 14 subsale transactions in 2023, with a median price of RM 540K and a median price per square foot (PSF) of RM 446.

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 540K, with most transactions falling within a stable range of RM 417K to RM 849K, and a typical market range of RM 452K to RM 628K.

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

Price per square foot shows a median of RM 446, though individual units vary from RM 270 to RM 621 in the core range. The broader market spans RM 412.25 to RM 478.75, indicating diverse property characteristics. A wider spread (IQR: RM 66.50) and deviation (MAD: RM 176) 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.

Area Location

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THE GOLDEN TRIANGLE, Barat Daya, Penang

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Transactions

14 properties grouped by size

1,150 sqft
7 units Condo/Apartment
RM 495,000
1,130 sqft · RM 438.00 PSF
Dec 2023
RM 520,000
1,130 sqft · RM 460.00 PSF
Dec 2023
RM 510,000
1,130 sqft · RM 451.00 PSF
Oct 2023
RM 500,000
1,130 sqft · RM 442.00 PSF
Aug 2023
RM 495,000
1,130 sqft · RM 438.00 PSF
Jun 2023
RM 530,000
1,130 sqft · RM 469.00 PSF
Apr 2023
RM 417,000
1,130 sqft · RM 369.00 PSF
Jan 2023
1,200 sqft
1 units Condo/Apartment
RM 555,000
1,216 sqft · RM 456.00 PSF
Jul 2023
1,300 sqft
2 units Condo/Apartment
RM 550,000
1,281 sqft · RM 429.00 PSF
Dec 2023
RM 590,000
1,313 sqft · RM 449.00 PSF
Aug 2023
1,350 sqft
1 units Shop/Retail Lot
RM 580,000
1,345 sqft · RM 431.00 PSF
Aug 2023
1,400 sqft
1 units Shop/Retail Lot
RM 580,000
1,378 sqft · RM 421.00 PSF
Aug 2023
1,500 sqft
2 units Shop/Retail Lot
RM 1,400,000
1,485 sqft · RM 942.00 PSF
Mar 2023
RM 1,400,000
1,507 sqft · RM 929.00 PSF
Mar 2023