SYKT. KERJASAMA SUNGAI. GELUGOR

Area Intelligence
2023
Median Price
RM 780,000
PSF: RM 274

Residential PSF Trends

Median Price

RM 780,000

PSF: RM 274

Commercial PSF Trends

Median Price

RM 1,640,000

RM 1,361 PSF

SYKT. KERJASAMA SUNGAI. GELUGOR in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 780K and a median price per square foot (PSF) of RM 274.

This area contains both residential and commercial properties. View 16 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with high diversity across multiple property types.

For price per square foot, the median is RM 274, with most transactions between RM 274 and RM 274. The usual range is RM 219.88 to RM 328.13, showing that most units are priced quite close to each other. With an IQR of RM 108.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SYKT. KERJASAMA SUNGAI. GELUGOR, Timur Laut, Penang

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