Kawasan Bukit Gelugor
Taman Tun Sardon, 11700 Gelugor, Penang, Malaysia
Taman Tun Sardon, 11700 Gelugor, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lebuhraya Bingham
|
RM 500,000
|
RM 173
|
2,890 sqft
|
|
|
Jalan Pekeliling
|
RM 420,000
|
RM 140
|
2,997 sqft
|
|
|
|
Jalan Pekeliling
|
RM 420,000
|
RM 140
|
2,997 sqft
|
|
|
Solok Bunga Raya
|
RM 840,000
|
RM 188
|
4,461 sqft
|
|
|
Jalan Yeap Chor Eee
|
RM 550,000
|
RM 118
|
4,669 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 140 psfMedian transaction price
Taman Tun Sardon, 11700 Gelugor, Penang, Malaysia
MapsKawasan 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 650K.
Most transactions involved 1 - 1 1/2 storey semi-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 116.03 to RM 164.28, 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.