SYKT. KERJASAMA SUNGAI. GELUGOR in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 375.
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 1.20 million, with most transactions falling within a stable range of RM 900K to RM 1.50 million, and a typical market range of RM 950K to RM 1.45 million.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 375, with core pricing between RM 326 and RM 424. Market pricing typically extends from RM 320.88 to RM 429.13, reflecting moderate variation in unit pricing. With an IQR of RM 108.25 and MAD of RM 49, 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.
