I-Regency Condo

Lebuh Minden 1, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM695,000
PSF
RM520
Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Condo
RM640,000
Level 20
1,195 sqft · RM536 PSF
1,500 sqft
Condo
RM750,000
Level 4
1,485 sqft · RM505 PSF
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Market Snapshot

Residential

RM695,000

RM520 psf

Median transaction price

Low

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The Ideal Regency
© OpenStreetMap · CARTO

Lebuh Minden 1, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

I-Regency Condo in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM695K and a median price per square foot (PSF) of RM520.

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 RM695K, with most transactions falling within a stable range of RM640K to RM750K, and a typical market range of RM640K to RM750K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM520, with most transactions between RM505 and RM536. The usual range is RM500.53 to RM540.03, showing that most units are priced quite close to each other. A typical spread (IQR) of RM39.50 and an average deviation (MAD) of RM15 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.