Penang
Timur Laut
Gelugor
KAWASAN BUKIT GELUGOR

KAWASAN BUKIT GELUGOR

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 140

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 140

KAWASAN BUKIT GELUGOR in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 140.

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 500K, with most transactions falling within a stable range of RM 420K to RM 655K, and a typical market range of RM 420K to RM 620K.

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

The median PSF stands at RM 140, with core pricing between RM 115 and RM 165. Market pricing typically extends from RM 115.88 to RM 164.13, 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.

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KAWASAN BUKIT GELUGOR, Timur Laut, Penang

OSM

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 500,000

LEBUHRAYA BINGHAM

2,890 sqft • RM 173.00 PSF

Oct 2023

RM 550,000

JALAN YEAP CHOR EEE

4,669 sqft • RM 118.00 PSF

Aug 2023

RM 840,000

SOLOK BUNGA RAYA

4,461 sqft • RM 188.00 PSF

Apr 2023

RM 420,000

JALAN PEKELILING

2,997 sqft • RM 140.00 PSF

Apr 2023

RM 420,000

JALAN PEKELILING

2,997 sqft • RM 140.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
LEBUHRAYA BINGHAM	RM 500,000	RM 173.00	2,890 sqft	Oct 2023	Single Storey Semi-D
JALAN YEAP CHOR EEE	RM 550,000	RM 118.00	4,669 sqft	Aug 2023	Single Storey Semi-D
SOLOK BUNGA RAYA	RM 840,000	RM 188.00	4,461 sqft	Apr 2023	Single Storey Semi-D
JALAN PEKELILING	RM 420,000	RM 140.00	2,997 sqft	Apr 2023	Bungalow
JALAN PEKELILING	RM 420,000	RM 140.00	2,997 sqft	Feb 2023	Bungalow