Taman Gelugor

Taman Gelugur, 11600 George Town, Penang, Malaysia

Property Transactions

3 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM1,150,000
Green Drive
1,810 sqft RM635 PSF
RM880,000
Lorong Gelugor
1,808 sqft RM487 PSF
RM860,000
Green Drive
1,797 sqft RM479 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Gelugor? Homes here sold for a median of RM880,000.

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Market Snapshot

Residential

RM880,000

RM487 psf

Median transaction price

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Taman Gelugur, 11600 George Town, Penang, Malaysia

Maps

Taman Gelugor in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,775 and 1,824 sqft, with a median price of RM880K and a median price per square foot (PSF) of RM487.

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 RM880K, with most transactions falling within a stable range of RM860K to RM1.01 million, and a typical market range of RM860K to RM951K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM487, with core pricing between RM415 and RM559. Market pricing typically extends from RM453.13 to RM520.38, reflecting moderate variation in unit pricing. With an IQR of RM67.25 and MAD of RM72, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.