SYKT. KERJASAMA SUNGAI. GELUGOR in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 458K and a median price per square foot (PSF) of RM 269.
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 458K, with most transactions falling within a stable range of RM 158K to RM 758K, and a typical market range of RM 208K to RM 708K.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 269, with core pricing between RM 220 and RM 318. Market pricing typically extends from RM 214.38 to RM 322.63, reflecting moderate variation in unit pricing. The spread of RM 108.25 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
