I-Regency Condo

Lebuh Minden 1, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM620,000
PSF
RM494
Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Condo
RM590,000
Level 20
1,195 sqft · RM494 PSF
RM565,000
Level 14
1,195 sqft · RM473 PSF
RM640,000
Level 18
1,184 sqft · RM541 PSF
RM620,000
Level 5
1,195 sqft · RM519 PSF
1,300 sqft
Condo
RM650,000
Level 9
1,324 sqft · RM491 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM620,000

RM494 psf

Median transaction price

Low

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The Ideal Regency
© OpenStreetMap · CARTO

Lebuh Minden 1, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

I-Regency Condo in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM620K and a median price per square foot (PSF) of RM494.

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 RM620K, with most transactions falling within a stable range of RM588K to RM650K, and a typical market range of RM565K to RM650K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM494, with most transactions between RM470 and RM517. The usual range is RM474.06 to RM513.56, showing that most units are priced quite close to each other. A typical spread (IQR) of RM39.50 and an average deviation (MAD) of RM24 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.