KAWASAN BUKIT GELUGOR in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 700K and a median price per square foot (PSF) of RM 157.
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 700K, with most transactions falling within a stable range of RM 630K to RM 770K, and a typical market range of RM 580K to RM 820K.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 157, with core pricing between RM 132 and RM 182. Market pricing typically extends from RM 132.88 to RM 181.13, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
