TAMAN JELUTONG JAYA

TAMAN JELUTONG JAYA in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 173K and a median price per square foot (PSF) of RM 314.

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 173K, with most transactions falling within a stable range of RM 170K to RM 175K, and a typical market range of RM 170K to RM 175K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 314, with most transactions between RM 309 and RM 319. The usual range is RM 298.50 to RM 329.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.00 and an average deviation (MAD) of RM 5 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.