TAMAN GELUGOR

TAMAN GELUGOR in Timur Laut, Penang recorded 10 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, 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 855K to RM 1.05 million, and a typical market range of RM 868K to RM 1.03 million.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with minimal variety in property types.

The median PSF stands at RM 512, with core pricing between RM 453 and RM 570. Market pricing typically extends from RM 466.25 to RM 556.75, reflecting moderate variation in unit pricing. With an IQR of RM 90.50 and MAD of RM 58, 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.