Taman Gelugor
Taman Gelugur, 11600 George Town, Penang, Malaysia
Taman Gelugur, 11600 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Gelugor
|
RM 850,000
|
RM 446
|
1,906 sqft
|
|
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Market Snapshot
ResidentialRM 850,000
RM 446 psfMedian transaction price
Taman Gelugur, 11600 George Town, Penang, Malaysia
MapsTaman Gelugor in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 850K and a median price per square foot (PSF) of RM 446.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 446, with most transactions between RM 446 and RM 446. The usual range is RM 412.35 to RM 479.60, showing that most units are priced quite close to each other. With an IQR of RM 67.25 and MAD of RM 0, 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.