Ideal Residency
Jalan Lembah, Kampung Kastam, 11700 Gelugor, Pulau Pinang, Malaysia
Jalan Lembah, Kampung Kastam, 11700 Gelugor, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 26
|
RM480,000
|
RM564
|
850 sqft
|
|
|
|
Level 49
|
RM520,000
|
RM612
|
850 sqft
|
|
Selling in Ideal Residency? Homes here sold for a median of RM500,000.
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Ideal Residency
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PSF median price per sq ft · 12m its change over the past 12 months
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Jalan Lembah, Kampung Kastam, 11700 Gelugor, Pulau Pinang, Malaysia
MapsIdeal Residency in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM500K and a median price per square foot (PSF) of RM612.
Nothing is listed in Ideal Residency right now. Browse properties for sale in Gelugor and properties for rent in Gelugor nearby, then use the 2 sales recorded here to judge whether an asking price is fair.
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 RM500K, with most transactions falling within a stable range of RM480K to RM520K, and a typical market range of RM490K to RM510K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM612, with most transactions between RM588 and RM636. The usual range is RM599.51 to RM623.51, showing that most units are priced quite close to each other. A typical spread (IQR) of RM24.00 and an average deviation (MAD) of RM24 indicate a highly stable PSF trend across properties.
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.