Penang
Timur Laut
Georgetown
KAWASAN JELUTONG

KAWASAN JELUTONG

Area Intelligence

2024

Median Price

RM 400,000

PSF: RM 400

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 400

KAWASAN JELUTONG in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 400.

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 400K, with most transactions falling within a stable range of RM -200,000 to RM 1.00 million, and a typical market range of RM 100K to RM 700K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 400, though individual units vary from RM 294 to RM 506 in the core range. The broader market spans RM 347.00 to RM 453.00, indicating diverse property characteristics. A wider spread (IQR: RM 106.00) and deviation (MAD: RM 106) 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.

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KAWASAN JELUTONG, Timur Laut, Penang

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