Area Intelligence

JLN KELAWAI

5 properties
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Median Price
RM 3,000,000
PSF: RM 1,147

Residential Market

Median Price

RM 3,000,000

IQR: RM 191
MAD: RM 145
RM 1,147 PSF 10.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN KELAWAI in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 1,147.

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 3.00 million, with most transactions falling within a stable range of RM 2.50 million to RM 3.50 million, and a typical market range of RM 2.66 million to RM 3.34 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 1,147, with core pricing between RM 1,002 and RM 1,292. Market pricing typically extends from RM 1,051.50 to RM 1,242.50, reflecting moderate variation in unit pricing. With an IQR of RM 191.00 and MAD of RM 145, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JLN KELAWAI, Timur Laut, Penang

OSM

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Transactions

5 properties found

Double Storey Terraced JALAN KELAWEI
RM 3,180,000
2,772 sqft Mar 2024
RM 1,147.00 PSF
Double Storey Terraced JONES CLOSE
RM 997,000
1,312 sqft Mar 2024
RM 760.00 PSF
Detached JALAN KELAWEI
RM 10,600,000
8,889 sqft Oct 2023
RM 1,193.00 PSF
Double Storey Terraced JALAN MOULMEIN
RM 2,500,000
2,495 sqft Mar 2023
RM 1,002.00 PSF
Double Storey Semi-D SOLOK GURNEY 1
RM 3,000,000
2,250 sqft Oct 2021
RM 1,334.00 PSF