Area Intelligence

URBAN SUITES @ JELUTONG

9 properties
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Median Price
RM 650,000
PSF: RM 797

Residential Market

Median Price

RM 650,000

IQR: RM 83
MAD: RM 37
RM 798 PSF 2.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 600,000

RM 797 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

URBAN SUITES @ JELUTONG in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 797.

This area contains both residential and commercial properties. View 8 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 650K, with most transactions falling within a stable range of RM 600K to RM 700K, and a typical market range of RM 600K to RM 700K.

Most transactions involved service apartment, though some variety exists in the market.

For price per square foot, the median is RM 797, with most transactions between RM 764 and RM 830. The usual range is RM 767.00 to RM 827.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 33, 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.

Area Location

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URBAN SUITES @ JELUTONG, Timur Laut, Penang

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Transactions

9 properties grouped by size

650 sqft
1 units Service Apartment
RM 515,000
630 sqft · RM 817.00 PSF
May 2024
750 sqft
2 units
RM 575,000
Service Apartment
753 sqft · RM 764.00 PSF
Apr 2024
RM 600,000
SOHO/SOFO/SOVO
753 sqft · RM 797.00 PSF
Jul 2023
850 sqft
6 units Service Apartment
RM 700,000
836 sqft · RM 837.00 PSF
Jun 2024
RM 780,000
836 sqft · RM 933.00 PSF
Apr 2024
RM 650,000
836 sqft · RM 778.00 PSF
Mar 2024
RM 650,000
836 sqft · RM 777.00 PSF
Jan 2024
RM 765,000
836 sqft · RM 915.00 PSF
Oct 2023
RM 600,000
836 sqft · RM 718.00 PSF
Jun 2023