Kawasan Jelutong

10470 George Town, Penang, Malaysia

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Market Snapshot

Residential

RM 1,000,000

RM 506 psf

Median transaction price

Kawasan Jelutong
© OpenStreetMap · CARTO

10470 George Town, Penang, Malaysia

Maps

Kawasan Jelutong in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 506.

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 1.00 million, with most transactions falling within a stable range of RM 400K to RM 1.60 million, and a typical market range of RM 700K to RM 1.30 million.

Most transactions involved cluster house, with moderate diversity in property types available.

Price per square foot shows a median of RM 506, though individual units vary from RM 400 to RM 612 in the core range. The broader market spans RM 453.00 to RM 559.00, indicating diverse property characteristics. The spread of RM 106.00 (IQR) and deviation of RM 106 (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.