Bukit Gedong

Bukit Gedung, 11900 Bayan Lepas, Penang, Malaysia

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Market Snapshot

Residential

RM300,000

RM402 psf

Median transaction price

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Bukit Gedung, 11900 Bayan Lepas, Penang, Malaysia

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Bukit Gedong in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM300K and a median price per square foot (PSF) of RM402.

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 RM300K, with most transactions falling within a stable range of RM230K to RM370K, and a typical market range of RM233K to RM368K.

Most transactions involved cluster house, with high diversity across multiple property types.

The median PSF stands at RM402, with core pricing between RM334 and RM470. Market pricing typically extends from RM331.75 to RM472.25, reflecting moderate variation in unit pricing. The spread of RM140.50 (IQR) and deviation of RM68 (MAD) suggest moderate price variations reflecting different property features.

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.