JLN KELAWAI
Residential Market
Median Price
RM 6,550,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
3 properties
Median Price
RM 2,294,250
-16.5% CAGR
Median PSF
RM 977.75
-4.8% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 3,000,000
Median PSF
RM 1,334.00
Detached
1 properties
Median Price
RM 10,600,000
Median PSF
RM 1,193.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 3 |
RM 2,294,250
±206K MAD
|
-16.46% |
RM 977.75
±24 MAD
|
-4.84% | |
Double Storey Semi-D | 1 |
RM 3,000,000
|
- |
RM 1,334.00
|
- | |
Detached | 1 |
RM 10,600,000
|
- |
RM 1,193.00
|
- |
JLN KELAWAI in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 6.55 million and a median price per square foot (PSF) of RM 1,098.
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 6.55 million, with most transactions falling within a stable range of RM 2.50 million to RM 10.60 million, and a typical market range of RM 6.21 million to RM 6.89 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 1,098, with most transactions between RM 1,002 and RM 1,193. The usual range is RM 1,002.00 to RM 1,193.00, showing that most units are priced quite close to each other. With an IQR of RM 191.00 and MAD of RM 96, 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.
Filter by type, year, price, and size
Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Detached |
JALAN KELAWEI
|
RM 10,600,000
|
RM 1,193.00
|
8,889 sqft
|
Oct 2023
|
Double Storey Terraced |
JALAN MOULMEIN
|
RM 2,500,000
|
RM 1,002.00
|
2,495 sqft
|
Mar 2023
|