Area Intelligence

JLN KELAWAI

1 properties
2021
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Median Price
RM 3,000,000
PSF: RM 1,334

Residential Market

Median Price

RM 3,000,000

IQR: RM 191
MAD: RM 145
RM 1,334 PSF 10.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN KELAWAI in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 1,334.

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

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

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 1,334, with most transactions between RM 1,334 and RM 1,334. The usual range is RM 1,238.50 to RM 1,429.50, showing that most units are priced quite close to each other. With an IQR of RM 191.00 and MAD of RM 0, 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.

Area Location

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JLN KELAWAI, Timur Laut, Penang

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Transactions

1 properties grouped by size

2,250 sqft
1 units Double Storey Semi-D
RM 3,000,000
SOLOK GURNEY 1
2,250 sqft · RM 1,334.00 PSF
Oct 2021