JLN CANTONMENT Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 6,300,000
CAGR
+169.9%
Median PSF
RM 732.00
CAGR
+6.5%
Transactions
3
Period
2022-2024

JLN CANTONMENT in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 6.30 million and a median price per square foot (PSF) of RM 732.

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 6.30 million, with most transactions falling within a stable range of RM 3.60 million to RM 9.00 million, and a typical market range of RM 4.31 million to RM 8.29 million.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 732, with core pricing between RM 601 and RM 863. Market pricing typically extends from RM 617.25 to RM 846.75, reflecting moderate variation in unit pricing. The spread of RM 229.50 (IQR) and deviation of RM 131 (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.

ADVANCED FILTERS

TRANSACTIONS

3 found
Detached
SOLOK CANTONMENT
RM 9,000,000
PSF: RM 601.00
Area: 14,969 sqft
Date: Oct 2024
Detached
PESIARAN CANTONMENT
RM 6,300,000
PSF: RM 1,060.00
Area: 5,942 sqft
Date: Jan 2024
2 - 2 1/2 Storey Terraced
JLN YEOH GUAN SEOK
RM 1,050,000
PSF: RM 732.00
Area: 1,435 sqft
Date: Aug 2022