| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Penaga
|
RM 1,150,000
|
RM 747
|
1,539 sqft
|
|
|
Jalan Jelutong
|
RM 1,760,000
|
RM 962
|
1,830 sqft
|
|
|
Lengkok Dumbar
|
RM 2,500,000
|
RM 980
|
2,551 sqft
|
|
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Jalan Jelutong, Jelutong, Pulau Pinang, Malaysia
MapsKawasan Jalan Jelutong in Timur Laut, Penang recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 1.76 million and a median price per square foot (PSF) of RM 962.
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 1.76 million, with most transactions falling within a stable range of RM 1.21 million to RM 2.31 million, and a typical market range of RM 1.26 million to RM 2.26 million.
Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.
The median PSF stands at RM 962, with core pricing between RM 856 and RM 1,068. Market pricing typically extends from RM 585.57 to RM 1,338.07, reflecting moderate variation in unit pricing. With an IQR of RM 752.50 and MAD of RM 106, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.