Penang
Timur Laut
Jelutong
JALAN JELUTONG

JALAN JELUTONG

Area Intelligence

3-Storey Shop

Median Price

RM 2,680,000

PSF: RM 1,415

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Commercial PSF Trends

Median Price

RM 2,680,000

RM 1,415 PSF

JALAN JELUTONG in Timur Laut, Penang recorded 1 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 2.68 million and a median price per square foot (PSF) of RM 1,415.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the 3-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 1,415, with most transactions between RM 1,415 and RM 1,415. The usual range is RM 1,258.13 to RM 1,571.88, showing that most units are priced quite close to each other. With an IQR of RM 313.75 and MAD of RM 0, 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.

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JALAN JELUTONG, Timur Laut, Penang

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