JELUTONG PALACE

JELUTONG PALACE in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 433K and a median price per square foot (PSF) of RM 618.

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 433K, with most transactions falling within a stable range of RM 420K to RM 445K, and a typical market range of RM 426K to RM 439K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 618, with most transactions between RM 600 and RM 636. The usual range is RM 609.00 to RM 627.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.