Penang
Timur Laut
Jelutong
JELUTONG PARK

JELUTONG PARK

Area Intelligence

2022

Median Price

RM 255,000

PSF: RM 416

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Residential PSF Trends

Median Price

RM 255,000

PSF: RM 416

JELUTONG PARK in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 255K and a median price per square foot (PSF) of RM 416.

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 255K, with most transactions falling within a stable range of RM 243K to RM 255K, and a typical market range of RM 234K to RM 255K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 416, with most transactions between RM 396 and RM 437. The usual range is RM 382.13 to RM 449.88, showing that most units are priced quite close to each other. With an IQR of RM 67.75 and MAD of RM 21, 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.

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JELUTONG PARK, Timur Laut, Penang

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