Area Intelligence

JALAN JELUTONG

1 properties
2023
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Median Price
RM 2,300,000
PSF: RM 1,484

Commercial Market

Median Price

RM 2,300,000

IQR: RM 70
MAD: RM 70
RM 1,484 PSF 9.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JALAN JELUTONG in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 1,484.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,484, with most transactions between RM 1,484 and RM 1,484. The usual range is RM 1,449.25 to RM 1,518.75, showing that most units are priced quite close to each other. With an IQR of RM 69.50 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. 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.

Area Location

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JALAN JELUTONG, Timur Laut, Penang

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Transactions

1 properties grouped by size

1,550 sqft
1 units 3-Storey Storey Shop
RM 2,300,000
JALAN JELUTONG
1,550 sqft · RM 1,484.00 PSF
Apr 2023