Medan Hikmat

Taman Koperasi Jelutong, 11600 Jelutong, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM355,000
PSF
RM515
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM350,000
Level 5
700 sqft · RM500 PSF
RM360,000
Level 4
700 sqft · RM515 PSF
Legend Recent Highest Price Highest PSF

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Medan Hikmat, Taman Koperasi Jelutong, 11600 Jelutong, Pulau Pinang, Malaysia

Maps

Medan Hikmat in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM355K and a median price per square foot (PSF) of RM515.

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 RM355K, with most transactions falling within a stable range of RM350K to RM360K, and a typical market range of RM353K to RM358K.

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

For price per square foot, the median is RM515, with most transactions between RM507 and RM522. The usual range is RM510.79 to RM518.29, showing that most units are priced quite close to each other. A typical spread (IQR) of RM7.50 and an average deviation (MAD) of RM8 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.