Kawasan Bukit Gelugor
Taman Tun Sardon, 11700 Gelugor, Penang, Malaysia
Taman Tun Sardon, 11700 Gelugor, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Bunga Raya
|
RM 450,000
|
RM 190
|
2,370 sqft
|
|
|
Lengkok Bawah
|
RM 465,000
|
RM 195
|
2,382 sqft
|
|
|
Lengkok Atas
|
RM 400,000
|
RM 145
|
2,751 sqft
|
|
|
Solok Bunga Raya
|
RM 660,000
|
RM 191
|
3,452 sqft
|
|
|
Jalan Pemancar
|
RM 2,150,000
|
RM 380
|
5,662 sqft
|
|
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Market Snapshot
ResidentialRM 465,000
RM 191 psfMedian transaction price
Taman Tun Sardon, 11700 Gelugor, Penang, Malaysia
MapsKawasan Bukit Gelugor in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 191.
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 465K, with most transactions falling within a stable range of RM 400K to RM 1.13 million, and a typical market range of RM 400K to RM 615K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 191, though individual units vary from RM 109 to RM 273 in the core range. The broader market spans RM 167.08 to RM 215.33, indicating diverse property characteristics. A wider spread (IQR: RM 48.25) and deviation (MAD: RM 82) indicate significant PSF variations, likely due to diverse property types or conditions.
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.