Emerald Park in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM372K and a median price per square foot (PSF) of RM408.

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 RM372K, with most transactions falling within a stable range of RM365K to RM378K, and a typical market range of RM365K to RM378K.

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

The median PSF stands at RM408, with core pricing between RM358 and RM458. Market pricing typically extends from RM388.29 to RM428.29, reflecting moderate variation in unit pricing. With an IQR of RM40.00 and MAD of RM50, 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.