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Market Snapshot
ResidentialRM 700,000
RM 301 psfMedian transaction price
Gelugor, Penang, Malaysia
MapsKawasan Bandar Gelugor in Timur Laut, Penang recorded 0 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 301.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached, with minimal variety in property types.
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. Limited transaction history suggests carefully evaluating comparable sales data.