Medan Tengku
Jalan Tengku Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
Jalan Tengku Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 140,000
|
RM 265
|
527 sqft
|
|
|
|
Level 2
|
RM 180,000
|
RM 341
|
527 sqft
|
|
|
Level 3
|
RM 227,000
|
RM 346
|
657 sqft
|
|
|
|
Level 2
|
RM 250,000
|
RM 381
|
657 sqft
|
|
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Market Snapshot
ResidentialRM 203,500
RM 344 psfMedian transaction price
Jalan Tengku Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
MapsMedan Tengku in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 204K and a median price per square foot (PSF) of RM 344.
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 204K, with most transactions falling within a stable range of RM 161K to RM 246K, and a typical market range of RM 179K to RM 228K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 344, with core pricing between RM 301 and RM 386. Market pricing typically extends from RM 306.75 to RM 380.25, reflecting moderate variation in unit pricing. With an IQR of RM 73.50 and MAD of RM 42, 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.