Kawasan Jalan Kelawei in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM4.67 million and a median price per square foot (PSF) of RM787.

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 RM4.67 million, with most transactions falling within a stable range of RM2.46 million to RM6.88 million, and a typical market range of RM2.88 million to RM6.46 million.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM787, with most transactions between RM787 and RM787. The usual range is RM786.96 to RM787.96, showing that most units are priced quite close to each other. A typical spread (IQR) of RM1.00 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

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.