Taman Gelugor
Taman Gelugur, 11600 George Town, Penang, Malaysia
Taman Gelugur, 11600 George Town, Penang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 970,000
|
RM 525
|
1,848 sqft
|
|
Terrace |
|
RM 3,000,000
|
RM 707
|
4,241 sqft
|
|
2-Sty Terrace |
|
RM 850,000
|
RM 446
|
1,906 sqft
|
|
|
|
RM 880,000
|
RM 487
|
1,808 sqft
|
|
|
RM 1,070,000
|
RM 464
|
2,304 sqft
|
|
|
|
RM 950,000
|
RM 512
|
1,856 sqft
|
|
|
RM 1,150,000
|
RM 635
|
1,810 sqft
|
|
|
|
RM 860,000
|
RM 479
|
1,797 sqft
|
|
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Market Snapshot
ResidentialRM 960,000
RM 519 psfMedian transaction price
Taman Gelugur, 11600 George Town, Penang, Malaysia
MapsTaman Gelugor in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 960K and a median price per square foot (PSF) of RM 525.
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 960K, with most transactions falling within a stable range of RM 870K to RM 1.05 million, and a typical market range of RM 889K 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 525, with most transactions between RM 490 and RM 561. The usual range is RM 491.38 to RM 558.63, showing that most units are priced quite close to each other. With an IQR of RM 67.25 and MAD of RM 36, 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.