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 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

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Transactions

5 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
4,450 sqft
Single Storey Semi-D
RM 840,000
SOLOK BUNGA RAYA
4,461 sqft · RM 188 PSF
4,650 sqft
Single Storey Semi-D
RM 550,000
JALAN YEAP CHOR EEE
4,669 sqft · RM 118 PSF

No Properties For Sale

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

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