Kawasan Jelutong

Jelutong, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 1,804,000
PSF
RM 973
Price Size
transactions middle 50% (P25–P75)
1,800 sqft
2-Sty Terrace
RM 2,138,000
Jalan Perak
1,808 sqft · RM 1,182 PSF
1,950 sqft
2-Sty Terrace
RM 1,470,000
Jalan Batu Gajah
1,927 sqft · RM 763 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 1,804,000

RM 973 psf

Median transaction price

Kawasan Jelutong in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 973.

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 1.80 million, with most transactions falling within a stable range of RM 1.47 million to RM 2.14 million, and a typical market range of RM 1.54 million to RM 2.06 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 973, though individual units vary from RM 763 to RM 1,182 in the core range. The broader market spans RM 862.12 to RM 1,083.12, indicating diverse property characteristics. The spread of RM 221.00 (IQR) and deviation of RM 210 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.