Area Intelligence

EMERALD PARK

2 properties
2022
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Median Price
RM 1,010,000
PSF: RM 441

Residential Market

Median Price

RM 1,010,000

IQR: RM 40
MAD: RM 14
RM 441 PSF 7.5%

PSF Trends (2021-2025)

EMERALD PARK in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.01 million and a median price per square foot (PSF) of RM 441.

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 1.01 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.02 million, and a typical market range of RM 1.00 million to RM 1.02 million.

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

For price per square foot, the median is RM 441, with most transactions between RM 431 and RM 451. The usual range is RM 421.00 to RM 461.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

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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EMERALD PARK, Barat Daya, Penang

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Transactions

2 properties grouped by size

2,200 sqft
1 units Double Storey Semi-D
RM 1,000,000
SOLOK BUKIT BELAH 2
2,217 sqft · RM 451.00 PSF
Sep 2022
2,350 sqft
1 units Double Storey Semi-D
RM 1,020,000
SOLOK BUKIT BELAH 1
2,368 sqft · RM 431.00 PSF
May 2022