Urban Suites @ Jelutong in Timur Laut, Penang recorded 2 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2026, with a median price of RM683K and a median price per square foot (PSF) of RM854.

This area contains both residential and commercial properties. View 11 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM683K, with most transactions falling within a stable range of RM600K to RM765K, and a typical market range of RM600K to RM765K.

Within the SOHO/SOFO/SOVO category, serviced apartment dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM854, with most transactions between RM797 and RM911. The usual range is RM794.44 to RM913.44, showing that most units are priced quite close to each other. With an IQR of RM119.00 and MAD of RM57, 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.