Eden Ferringhi Resort in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM1.10 million and a median price per square foot (PSF) of RM466.

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 RM1.10 million, with most transactions falling within a stable range of RM880K to RM1.34 million, and a typical market range of RM939K to RM1.26 million.

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

The median PSF stands at RM466, with core pricing between RM413 and RM520. Market pricing typically extends from RM423.10 to RM509.10, reflecting moderate variation in unit pricing. With an IQR of RM86.00 and MAD of RM53, 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.