JALAN BELL

JALAN BELL in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 7.53 million and a median price per square foot (PSF) of RM 826.

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 7.53 million, with most transactions falling within a stable range of RM 4.05 million to RM 11.00 million, and a typical market range of RM 5.79 million to RM 9.26 million.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 826, with core pricing between RM 708 and RM 943. Market pricing typically extends from RM 766.75 to RM 884.25, reflecting moderate variation in unit pricing. With an IQR of RM 117.50 and MAD of RM 118, the PSF demonstrates reasonable consistency across the market.

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.