URBAN SUITES @ JELUTONG in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 650K and a median price per square foot (PSF) of RM 798.
This area contains both residential and commercial properties. View 10 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 650K, with most transactions falling within a stable range of RM 565K to RM 735K, and a typical market range of RM 585K to RM 715K.
Most transactions involved service apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 798, with most transactions between RM 739 and RM 857. The usual range is RM 754.50 to RM 840.50, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 59, 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.
