Medan Tengku
Jalan Tengku Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
Jalan Tengku Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 185,000
RM 337 psfMedian transaction price
Jalan Tengku Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
MapsMedan Tengku in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 185K and a median price per square foot (PSF) of RM 337.
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 185K, with most transactions falling within a stable range of RM 160K to RM 210K, and a typical market range of RM 161K to RM 210K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 337, with core pricing between RM 293 and RM 380. Market pricing typically extends from RM 299.75 to RM 373.25, reflecting moderate variation in unit pricing. With an IQR of RM 73.50 and MAD of RM 44, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.