JELUTONG PARK

JELUTONG PARK in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 255K and a median price per square foot (PSF) of RM 416.

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 255K, with most transactions falling within a stable range of RM 230K to RM 288K, and a typical market range of RM 234K to RM 276K.

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

The median PSF stands at RM 416, with core pricing between RM 362 and RM 470. Market pricing typically extends from RM 382.13 to RM 449.88, reflecting moderate variation in unit pricing. With an IQR of RM 67.75 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.

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.