Emerald Residence

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

Property Transactions

81 subsales grouped by size

Median
RM550,000
PSF
RM489
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM561,000
Level 25
1,119 sqft · RM501 PSF
RM548,000
Level 20
1,119 sqft · RM490 PSF
RM557,000
Level 19
1,119 sqft · RM498 PSF
RM546,000
Level 19
1,119 sqft · RM488 PSF
RM547,000
Level 17
1,119 sqft · RM489 PSF
RM537,000
Level 15
1,119 sqft · RM480 PSF
+63 more
1,200 sqft
Condo
RM598,000
Level 28
1,184 sqft · RM505 PSF
RM583,000
Level 21
1,184 sqft · RM492 PSF
RM576,000
Level 18
1,184 sqft · RM486 PSF
RM572,000
Level 16
1,184 sqft · RM483 PSF
RM564,000
Level 12
1,184 sqft · RM476 PSF
RM596,000
Level 27
1,184 sqft · RM503 PSF
+6 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM550,000

RM489 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 81 subsale transactions in 2022, with a median price of RM550K and a median price per square foot (PSF) of RM489.

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 RM550K, with most transactions falling within a stable range of RM518K to RM582K, and a typical market range of RM535K to RM565K.

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

For price per square foot, the median is RM489, with most transactions between RM464 and RM514. The usual range is RM478.63 to RM498.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.00 and an average deviation (MAD) of RM25 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. Moderate transaction volume may require patience when buying or selling.