Taman Gelugor
Taman Gelugur, 11600 George Town, Penang, Malaysia
Taman Gelugur, 11600 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lintang Gelugor
|
RM 970,000
|
RM 525
|
1,848 sqft
|
|
|
Lorong Gelugor
|
RM 850,000
|
RM 446
|
1,906 sqft
|
|
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Market Snapshot
ResidentialRM 910,000
RM 485 psfMedian transaction price
Taman Gelugur, 11600 George Town, Penang, Malaysia
MapsTaman Gelugor in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 910K and a median price per square foot (PSF) of RM 485.
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 910K, with most transactions falling within a stable range of RM 850K to RM 970K, and a typical market range of RM 850K to RM 970K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 485, with most transactions between RM 446 and RM 525. The usual range is RM 451.86 to RM 519.11, showing that most units are priced quite close to each other. With an IQR of RM 67.25 and MAD of RM 40, 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.