Penang
Timur Laut
Gelugor
KAWASAN BUKIT GELUGOR

KAWASAN BUKIT GELUGOR

Area Intelligence

2021

Median Price

RM 700,000

PSF: RM 157

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Residential PSF Trends

Median Price

RM 700,000

PSF: RM 157

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.

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

For price per square foot, the median is RM 157, with most transactions between RM 157 and RM 157. The usual range is RM 132.88 to RM 181.13, 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 0 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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