FERRINGHI EMAS RESORT (EDEN)

FERRINGHI EMAS RESORT (EDEN) in Timur Laut, Penang recorded 20 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 359.

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 300K, with most transactions falling within a stable range of RM 240K to RM 360K, and a typical market range of RM 244K to RM 356K.

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

Price per square foot shows a median of RM 359, though individual units vary from RM 272 to RM 445 in the core range. The broader market spans RM 260.50 to RM 456.50, indicating diverse property characteristics. The spread of RM 196.00 (IQR) and deviation of RM 86 (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. Moderate transaction volume may require patience when buying or selling.