Grace Residence

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

Property Transactions

14 subsales grouped by size

Median
RM 925,000
PSF
RM 633
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM 685,000
Level 20
1,094 sqft · RM 626 PSF
1,500 sqft
Condo
RM 1,160,000
Level 11
1,486 sqft · RM 781 PSF
RM 980,000
Level 16
1,486 sqft · RM 659 PSF
RM 830,000
Level 23
1,486 sqft · RM 559 PSF
RM 1,050,000
Level 16
1,486 sqft · RM 707 PSF
RM 950,000
Level 30
1,486 sqft · RM 639 PSF
RM 1,000,000
Level 16
1,486 sqft · RM 673 PSF
+6 more
1,600 sqft
Condo
RM 800,000
Level 15
1,600 sqft · RM 500 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 925,000

RM 633 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 14 subsale transactions in 2022, with a median price of RM 925K and a median price per square foot (PSF) of RM 633.

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 925K, with most transactions falling within a stable range of RM 806K to RM 1.04 million, and a typical market range of RM 840K to RM 1.01 million.

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

The median PSF stands at RM 633, with core pricing between RM 562 and RM 704. Market pricing typically extends from RM 591.79 to RM 673.79, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 71, 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.