Penang
Timur Laut
13
SYKT. KERJASAMA SUNGAI. GELUGOR

SYKT. KERJASAMA SUNGAI. GELUGOR

Area Intelligence

2023

Median Price

RM 790,000

PSF: RM 280

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Residential PSF Trends

Median Price

RM 790,000

PSF: RM 280

SYKT. KERJASAMA SUNGAI. GELUGOR in Timur Laut, Penang recorded 4 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 790K and a median price per square foot (PSF) of RM 280.

This area contains both residential and commercial properties. View 17 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 790K, with most transactions falling within a stable range of RM 648K to RM 875K, and a typical market range of RM 515K to RM 875K.

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

The median PSF stands at RM 280, with core pricing between RM 243 and RM 318. Market pricing typically extends from RM 217.58 to RM 343.08, reflecting moderate variation in unit pricing. With an IQR of RM 125.50 and MAD of RM 38, 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.

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SYKT. KERJASAMA SUNGAI. GELUGOR, Timur Laut, Penang

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