| Road | Price | PSF | Size | Date | Type |
|---|
|
Lebuhraya Jelutong
|
RM 1,800,000
|
RM 967
|
1,862 sqft
|
|
|
Jalan Tan Sri Teh Ewe Lim
|
RM 1,600,000
|
RM 817
|
1,959 sqft
|
|
|
Jalan Jelutong
|
RM 1,638,000
|
RM 827
|
1,981 sqft
|
|
|
Jalan Jelutong
|
RM 2,030,000
|
RM 806
|
2,519 sqft
|
|
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Market Snapshot
CommercialRM 1,719,000
RM 822 psfMedian transaction price
Jalan Jelutong, Jelutong, Pulau Pinang, Malaysia
MapsJalan Jelutong in Timur Laut, Penang recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 1.72 million and a median price per square foot (PSF) of RM 822.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.72 million, with most transactions falling within a stable range of RM 1.60 million to RM 1.89 million, and a typical market range of RM 1.60 million to RM 1.88 million.
Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 822, with most transactions between RM 756 and RM 887. The usual range is RM 665.01 to RM 978.76, showing that most units are priced quite close to each other. With an IQR of RM 313.75 and MAD of RM 65, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.