Kawasan Jelutong

Jelutong, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 1,214,500
PSF
RM 346
Price Size
3,250 sqft
2-Sty Terrace
RM 451,000
Lorong Sekolah
3,272 sqft · RM 138 PSF
RM 1,379,000
Lorong Sekolah
3,272 sqft · RM 421 PSF
3,650 sqft
Semi-D
RM 1,500,000
Solok Batu Lancang
3,665 sqft · RM 409 PSF
3,700 sqft
Bungalow
RM 1,050,000
Jalan Kurau
3,703 sqft · RM 284 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 1,214,500

RM 346 psf

Median transaction price

Kawasan Jelutong in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 1.21 million and a median price per square foot (PSF) of RM 346.

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 1.21 million, with most transactions falling within a stable range of RM 808K to RM 1.50 million, and a typical market range of RM 955K to RM 1.47 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 346, though individual units vary from RM 232 to RM 461 in the core range. The broader market spans RM 235.93 to RM 456.93, indicating diverse property characteristics. A wider spread (IQR: RM 221.00) and deviation (MAD: RM 115) indicate significant PSF variations, likely due to diverse property types or conditions.

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.