SYKT. KERJASAMA SUNGAI. GELUGOR

SYKT. KERJASAMA SUNGAI. GELUGOR in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 799K and a median price per square foot (PSF) of RM 242.

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. The median price is RM 799K, with most transactions falling within a stable range of RM 1.10 million to RM 849K, and a typical market range of RM 1.10 million to RM 1.05 million.

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

Price per square foot shows a median of RM 242, though individual units vary from RM 165 to RM 318 in the core range. The broader market spans RM 187.38 to RM 295.63, indicating diverse property characteristics. A wider spread (IQR: RM 108.25) and deviation (MAD: RM 77) indicate significant PSF variations, likely due to diverse property types or conditions.

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.