EDEN FERRINGHI RESORT

EDEN FERRINGHI RESORT in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 920K and a median price per square foot (PSF) of RM 354.

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 920K, with most transactions falling within a stable range of RM 814K to RM 1.03 million, and a typical market range of RM 792K to RM 1.08 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 354, with core pricing between RM 318 and RM 390. Market pricing typically extends from RM 311.00 to RM 397.00, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 36, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.