Emerald Residence

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

Property Transactions

92 subsales grouped by size

Median
RM535,000
PSF
RM474
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM557,000
Level 24
1,119 sqft · RM498 PSF
RM482,000
Level 26
1,119 sqft · RM431 PSF
RM465,000
Level 17
1,119 sqft · RM415 PSF
RM527,000
Level 7
1,119 sqft · RM471 PSF
RM526,000
Level 6
1,119 sqft · RM470 PSF
RM539,000
Level 16
1,119 sqft · RM481 PSF
+64 more
1,200 sqft
Condo
RM550,000
Level 19
1,184 sqft · RM465 PSF
RM559,000
Level 7
1,184 sqft · RM472 PSF
RM559,000
Level 7
1,184 sqft · RM472 PSF
RM594,000
Level 26
1,184 sqft · RM502 PSF
RM565,000
Level 14
1,184 sqft · RM477 PSF
RM568,000
Level 14
1,184 sqft · RM480 PSF
+16 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM535,000

RM474 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 92 subsale transactions in 2023, with a median price of RM535K and a median price per square foot (PSF) of RM474.

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 RM535K, with most transactions falling within a stable range of RM496K to RM574K, and a typical market range of RM520K to RM550K.

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

For price per square foot, the median is RM474, with most transactions between RM443 and RM506. The usual range is RM464.34 to RM484.34, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.00 and an average deviation (MAD) of RM31 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.