FERRINGHI EMAS RESORT (EDEN)

FERRINGHI EMAS RESORT (EDEN) in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 358K and a median price per square foot (PSF) of RM 466.

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 358K, with most transactions falling within a stable range of RM 300K to RM 423K, and a typical market range of RM 301K to RM 414K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 466, with core pricing between RM 382 and RM 549. Market pricing typically extends from RM 367.50 to RM 563.50, reflecting moderate variation in unit pricing. The spread of RM 196.00 (IQR) and deviation of RM 83 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.