EDEN FERRINGHI RESORT

EDEN FERRINGHI RESORT in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 418.

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 400K, with most transactions falling within a stable range of RM 400K to RM 706K, and a typical market range of RM 400K to RM 422K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 418, with core pricing between RM 365 and RM 471. Market pricing typically extends from RM 394.38 to RM 441.63, reflecting moderate variation in unit pricing. With an IQR of RM 47.25 and MAD of RM 53, 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.