Kawasan Bandar Gelugor

Gelugor, Penang, Malaysia

Property Transactions

11 subsales found

Period
transactions middle 50% (P25–P75)
RM2,200,000
Lengkok Pemancar
3,046 sqft RM722 PSF
RM3,000,000
Solok Pemancar
8,184 sqft RM367 PSF
RM1,730,000
Lengkok Pemancar
2,885 sqft RM600 PSF
RM1,400,000
Jalan Pemancar
6,721 sqft RM208 PSF
RM1,850,000
Lengkok Pemancar
3,743 sqft RM494 PSF
RM2,000,000
Lengkok Pemancar
4,133 sqft RM484 PSF
RM1,800,000
Jalan Hilir Pemancar
3,886 sqft RM463 PSF
RM2,700,000
Lengkok Pemancar
7,478 sqft RM361 PSF
RM2,200,000
Jalan Hilir Pemancar
6,459 sqft RM341 PSF
RM3,854,000
Lengkok Pemancar
9,246 sqft RM417 PSF
RM11,000,000
Jalan Sultan Azlan Shah
13,521 sqft RM814 PSF
Legend Recent Highest Price Highest PSF

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Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Gelugor

Market Snapshot

Residential

RM2,200,000

RM440 psf

Median transaction price

Kawasan Bandar Gelugor in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM2.20 million and a median price per square foot (PSF) of RM463.

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 RM2.20 million, with most transactions falling within a stable range of RM1.73 million to RM2.67 million, and a typical market range of RM1.69 million to RM2.71 million.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM463, though individual units vary from RM361 to RM565 in the core range. The broader market spans RM371.73 to RM554.73, indicating diverse property characteristics. The spread of RM183.00 (IQR) and deviation of RM102 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.