Area Intelligence

KAWASAN JLN KELAWEI

5 properties
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Median Price
RM 4,670,000
PSF: RM 787

Residential Market

Median Price

RM 4,670,000

IQR: RM 1
RM 787 PSF 28.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN JLN KELAWEI in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 4.67 million and a median price per square foot (PSF) of RM 787.

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 4.67 million, with most transactions falling within a stable range of RM 2.46 million to RM 6.88 million, and a typical market range of RM 2.88 million to RM 6.46 million.

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

For price per square foot, the median is RM 787, with most transactions between RM 787 and RM 787. The usual range is RM 786.50 to RM 787.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 1.00 and an average deviation (MAD) of RM 0 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.

Area Location

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KAWASAN JLN KELAWEI, Timur Laut, Penang

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Transactions

5 properties found

Double Storey Semi-D JALAN KELAWAI
RM 4,670,000
4,609 sqft Oct 2024
RM 1,013.00 PSF
Detached JALAN KELAWEI
RM 2,026,000
2,573 sqft Oct 2023
RM 788.00 PSF
Detached JALAN KELAWEI
RM 2,458,000
3,122 sqft Oct 2023
RM 787.00 PSF
Detached JALAN KELAWEI
RM 6,035,000
7,664 sqft Oct 2023
RM 787.00 PSF
Detached JALAN KELAWEI
RM 9,281,000
11,786 sqft Oct 2023
RM 787.00 PSF