| Road | Price | PSF | Size | Date | Type |
|---|
|
Lebuh Nipah 3
|
RM 1,050,000
|
RM 646
|
1,625 sqft
|
|
|
|
Lebuh Nipah 4
|
RM 850,000
|
RM 523
|
1,625 sqft
|
|
|
Jalan Kampong Relau
|
RM 900,000
|
RM 478
|
1,884 sqft
|
|
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Market Snapshot
ResidentialRM 900,000
RM 523 psfMedian transaction price
Lebuhraya Tun Dr. Lim Chong Eu, Gelugor, Pulau Pinang, Malaysia
MapsPdc-Jasmine in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 900K and a median price per square foot (PSF) of RM 523.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 900K, with most transactions falling within a stable range of RM 850K to RM 985K, and a typical market range of RM 878K to RM 923K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 523, with core pricing between RM 452 and RM 594. Market pricing typically extends from RM 503.46 to RM 542.46, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 71, the PSF demonstrates reasonable consistency across the market.
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.