Emerald Residence

Jln Bukit Belah, 11920 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM496,500
PSF
RM444
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM502,000
Level 22
1,119 sqft · RM448 PSF
RM509,000
Level 22
1,119 sqft · RM455 PSF
RM478,000
Level 12
1,119 sqft · RM427 PSF
RM491,000
Level 19
1,119 sqft · RM439 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM496,500

RM444 psf

Median transaction price

Low

Does EMERALD RESIDENCE rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Emerald Residence, Jln Bukit Belah, 11920 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Emerald Residence in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM497K and a median price per square foot (PSF) of RM444.

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 RM497K, with most transactions falling within a stable range of RM485K to RM508K, and a typical market range of RM481K to RM509K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM444, with most transactions between RM433 and RM454. The usual range is RM433.52 to RM453.52, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.00 and an average deviation (MAD) of RM10 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.