Emerald Park in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM1.01 million and a median price per square foot (PSF) of RM441.

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 RM1.01 million, with most transactions falling within a stable range of RM1.00 million to RM1.02 million, and a typical market range of RM1.00 million to RM1.02 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM441, with most transactions between RM431 and RM451. The usual range is RM420.86 to RM460.86, showing that most units are priced quite close to each other. A typical spread (IQR) of RM40.00 and an average deviation (MAD) of RM10 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.