Taman Gelugor

Taman Gelugur, 11600 George Town, Penang, Malaysia

Property Transactions

5 subsales grouped by size · Terrace →

Median
RM 1,070,000
PSF
RM 616
Price Size
1,600 sqft
Terrace
RM 988,000
Glugor Green
1,603 sqft · RM 616 PSF
RM 850,000
Batu Green
1,600 sqft · RM 531 PSF
1,800 sqft
Terrace
RM 1,150,000
Green Drive
1,810 sqft · RM 635 PSF
2,300 sqft
Terrace
RM 1,070,000
Taman Gelugor
2,304 sqft · RM 464 PSF
4,250 sqft
2-Sty Terrace
RM 3,000,000
Lintang Gelugor
4,241 sqft · RM 707 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 1,070,000

RM 616 psf

Median transaction price

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Taman Gelugur, 11600 George Town, Penang, Malaysia

Maps

Taman Gelugor in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 616.

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 1.07 million, with most transactions falling within a stable range of RM 850K to RM 1.87 million, and a typical market range of RM 999K to RM 1.14 million.

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

The median PSF stands at RM 616, with core pricing between RM 532 and RM 701. Market pricing typically extends from RM 582.74 to RM 649.99, reflecting moderate variation in unit pricing. With an IQR of RM 67.25 and MAD of RM 85, 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.