Taman Gelugor

Taman Gelugur, 11600 George Town, Penang, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM850,000
Lorong Gelugor
1,906 sqft RM446 PSF
RM1,000,000
Lebuh Gelugor
1,903 sqft RM525 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Gelugor? Homes here sold for a median of RM925,000.

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Market Snapshot

Residential

RM925,000

RM486 psf

Median transaction price

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Taman Gelugur, 11600 George Town, Penang, Malaysia

Maps

Taman Gelugor in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,875 and 1,924 sqft, with a median price of RM925K and a median price per square foot (PSF) of RM486.

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 RM925K, with most transactions falling within a stable range of RM850K to RM1.00 million, and a typical market range of RM854K to RM996K.

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

For price per square foot, the median is RM486, with most transactions between RM446 and RM526. The usual range is RM452.11 to RM519.36, showing that most units are priced quite close to each other. With an IQR of RM67.25 and MAD of RM40, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.