KAWASAN BUKIT GELUGOR

Area Intelligence
2023
Median Price
RM 500,000
PSF: RM 140

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 462K to RM 500K, and a typical market range of RM 420K to RM 500K.

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

The median PSF stands at RM 140, with core pricing between RM 124 and RM 156. Market pricing typically extends from RM 115.88 to RM 164.13, reflecting moderate variation in unit pricing. With an IQR of RM 48.25 and MAD of RM 16, 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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KAWASAN BUKIT GELUGOR, Timur Laut, Penang

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Transactions

3 transactions grouped by size

2,900 sqft
Single Storey Semi-D
RM 500,000
LEBUHRAYA BINGHAM
2,890 sqft · RM 173 PSF
3,000 sqft
Bungalow
RM 420,000
JALAN PEKELILING
2,997 sqft · RM 140 PSF
RM 420,000
JALAN PEKELILING
2,997 sqft · RM 140 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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