Bukit Gedong in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM230K and a median price per square foot (PSF) of RM396.

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 RM230K, with most transactions falling within a stable range of RM200K to RM281K, and a typical market range of RM200K to RM298K.

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

For price per square foot, the median is RM396, with most transactions between RM374 and RM419. The usual range is RM326.14 to RM466.64, showing that most units are priced quite close to each other. With an IQR of RM140.50 and MAD of RM23, 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.