Grace Residence

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

Property Transactions

6 subsales grouped by size

Median
RM 820,000
PSF
RM 566
Price Size
Period
transactions middle 50% (P25–P75)
1,400 sqft
Condo
RM 780,000
Level 21
1,410 sqft · RM 553 PSF
RM 750,000
Level 25
1,410 sqft · RM 532 PSF
1,500 sqft
Condo
RM 930,000
Level 28
1,486 sqft · RM 626 PSF
RM 695,000
Level 22
1,486 sqft · RM 468 PSF
RM 900,000
Level 33
1,486 sqft · RM 606 PSF
RM 860,000
Level 18
1,486 sqft · RM 579 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 820,000

RM 566 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 6 subsale transactions in 2023, with a median price of RM 820K and a median price per square foot (PSF) of RM 566.

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 820K, with most transactions falling within a stable range of RM 736K to RM 904K, and a typical market range of RM 735K to RM 905K.

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

For price per square foot, the median is RM 566, with most transactions between RM 514 and RM 618. The usual range is RM 524.94 to RM 606.94, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 52, 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.