KAWASAN BUKIT GELUGOR Property Investment Analysis

Gelugor, Timur Laut, Penang

Median Price
RM 490,000
CAGR
-11.8%
Median PSF
RM 165.00
CAGR
-1.7%
Transactions
14
Period
2021-2024

KAWASAN BUKIT GELUGOR in Timur Laut, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 490K and a median price per square foot (PSF) of RM 165.

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 490K, with most transactions falling within a stable range of RM 420K to RM 560K, and a typical market range of RM 400K to RM 610K.

Most transactions involved detached, with moderate diversity in property types available.

The median PSF stands at RM 165, with core pricing between RM 140 and RM 190. Market pricing typically extends from RM 140.88 to RM 189.13, reflecting moderate variation in unit pricing. The spread of RM 48.25 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

14 found
1 - 1 1/2 Storey Semi-Detached
JALAN BUNGA RAYA
RM 450,000
PSF: RM 132.00
Area: 3,399 sqft
Date: Aug 2024
Detached
LEBUHRAYA BINGHAM
RM 988,000
PSF: RM 180.00
Area: 5,503 sqft
Date: Aug 2024
Detached
JALAN PEKELILING
RM 480,000
PSF: RM 149.00
Area: 3,214 sqft
Date: Apr 2024
1 - 1 1/2 Storey Semi-Detached
LEBUHRAYA BINGHAM
RM 500,000
PSF: RM 173.00
Area: 2,890 sqft
Date: Oct 2023
1 - 1 1/2 Storey Semi-Detached
JALAN YEAP CHOR EEE
RM 550,000
PSF: RM 118.00
Area: 4,669 sqft
Date: Aug 2023
1 - 1 1/2 Storey Semi-Detached
SOLOK BUNGA RAYA
RM 840,000
PSF: RM 188.00
Area: 4,461 sqft
Date: Apr 2023
Detached
JALAN PEKELILING
RM 420,000
PSF: RM 140.00
Area: 2,997 sqft
Date: Apr 2023
Detached
JALAN PEKELILING
RM 420,000
PSF: RM 140.00
Area: 2,997 sqft
Date: Feb 2023
1 - 1 1/2 Storey Semi-Detached
LORONG BUNGA RAYA
RM 450,000
PSF: RM 190.00
Area: 2,370 sqft
Date: Aug 2022
Detached
LENGKOK BAWAH
RM 465,000
PSF: RM 195.00
Area: 2,382 sqft
Date: May 2022
1 - 1 1/2 Storey Semi-Detached
SOLOK BUNGA RAYA
RM 660,000
PSF: RM 191.00
Area: 3,452 sqft
Date: Mar 2022
Detached
LENGKOK ATAS
RM 400,000
PSF: RM 145.00
Area: 2,751 sqft
Date: Mar 2022
2 - 2 1/2 Storey Semi-Detached
JALAN PEMANCAR
RM 2,150,000
PSF: RM 380.00
Area: 5,662 sqft
Date: Jan 2022
Detached
JALAN BUNGA RAYA
RM 700,000
PSF: RM 157.00
Area: 4,464 sqft
Date: Jul 2021