Taman Gelugor

Taman Gelugur, 11600 George Town, Penang, Malaysia

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Market Snapshot

Residential

RM 960,000

RM 519 psf

Median transaction price

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Taman Gelugur, 11600 George Town, Penang, Malaysia

Maps

Taman Gelugor in Timur Laut, Penang recorded 0 subsale transactions in 2025, with a median price of RM 960K and a median price per square foot (PSF) of RM 519.

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 519, with most transactions between RM 483 and RM 554. The usual range is RM 484.88 to RM 552.13, 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.