TAMAN GELUGOR Property Investment Analysis

TAMAN GELUGOR in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 950K and a median price per square foot (PSF) of RM 512.

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 950K, with most transactions falling within a stable range of RM 860K to RM 1.04 million, and a typical market range of RM 868K to RM 1.03 million.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 512, with most transactions between RM 479 and RM 545. The usual range is RM 466.75 to RM 557.25, showing that most units are priced quite close to each other. With an IQR of RM 90.50 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

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.