Jalan Kelawai
10350 George Town, Pulau Pinang, Malaysia
10350 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Kelawei
|
RM 10,600,000
|
RM 1,193
|
8,889 sqft
|
|
Bungalow |
|
Jalan Moulmein
|
RM 2,500,000
|
RM 870
|
2,874 sqft
|
|
2-Sty Terrace |
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Jalan Kelawai, 10350 George Town, Pulau Pinang, Malaysia
MapsJalan Kelawai in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 6.55 million and a median price per square foot (PSF) of RM 1,031.
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 6.55 million, with most transactions falling within a stable range of RM 2.50 million to RM 10.60 million, and a typical market range of RM 6.21 million to RM 6.89 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 1,031, with core pricing between RM 870 and RM 1,193. Market pricing typically extends from RM 935.70 to RM 1,126.70, reflecting moderate variation in unit pricing. The spread of RM 191.00 (IQR) and deviation of RM 161 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.