Grace Residence

Jln Ahmad Nor, Jelutong, 11600 Jelutong, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 900,000
PSF
RM 626
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM 670,000
Level 19
1,094 sqft · RM 613 PSF
1,500 sqft
Condo
RM 850,000
Level 42
1,486 sqft · RM 572 PSF
RM 950,000
Level 38
1,486 sqft · RM 639 PSF
RM 1,000,000
Level 38
1,486 sqft · RM 673 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 900,000

RM 626 psf

Median transaction price

Low

Rental Yield Data

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Grace Residence
© OpenStreetMap · CARTO

Jln Ahmad Nor, Jelutong, 11600 Jelutong, Penang, Malaysia

Maps

Grace Residence in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 900K and a median price per square foot (PSF) of RM 626.

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 900K, with most transactions falling within a stable range of RM 774K to RM 1.00 million, and a typical market range of RM 815K to RM 985K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 626, with most transactions between RM 589 and RM 663. The usual range is RM 584.93 to RM 666.93, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.