KAWASAN BUKIT GELUGOR

Area Intelligence
2024
Median Price
RM 480,000
PSF: RM 149

Residential PSF Trends

Median Price

RM 480,000

PSF: RM 149

KAWASAN BUKIT GELUGOR in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 480K and a median price per square foot (PSF) of RM 149.

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 480K, with most transactions falling within a stable range of RM 465K to RM 480K, and a typical market range of RM 450K to RM 480K.

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

For price per square foot, the median is RM 149, with most transactions between RM 141 and RM 158. The usual range is RM 124.88 to RM 173.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.25 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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

2 transactions grouped by size

3,200 sqft
Bungalow
RM 480,000
JALAN PEKELILING
3,214 sqft · RM 149 PSF
3,400 sqft
Single Storey Semi-D
RM 450,000
JALAN BUNGA RAYA
3,399 sqft · RM 132 PSF

No Properties For Sale

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

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