EMERALD PARK

EMERALD PARK in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 372K and a median price per square foot (PSF) of RM 408.

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 372K, with most transactions falling within a stable range of RM 365K to RM 378K, and a typical market range of RM 365K to RM 378K.

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

The median PSF stands at RM 408, with core pricing between RM 358 and RM 458. Market pricing typically extends from RM 388.00 to RM 428.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

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.