TAMAN JELUTONG (LANDED PROPERTY)

TAMAN JELUTONG (LANDED PROPERTY) in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 738K and a median price per square foot (PSF) of RM 520.

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 738K, with most transactions falling within a stable range of RM 621K to RM 856K, and a typical market range of RM 619K to RM 857K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 520, with most transactions between RM 475 and RM 565. The usual range is RM 481.13 to RM 558.88, showing that most units are priced quite close to each other. With an IQR of RM 77.75 and MAD of RM 45, 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.