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 260,000
RM 396 psfMedian transaction price
Jalan Tengku Jelutong, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
MapsMedan Tengku in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 396.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 396, with most transactions between RM 396 and RM 396. The usual range is RM 359.23 to RM 432.73, showing that most units are priced quite close to each other. With an IQR of RM 73.50 and MAD of RM 0, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.