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Jalan Jelutong
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM2,200,000
RM1,415 psfMedian transaction price
Jalan Jelutong, Pulau Pinang, Malaysia
MapsJalan Jelutong in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM2.20 million and a median price per square foot (PSF) of RM1,415.
This area consists exclusively of commercial properties, with no residential 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 RM2.10 million to RM2.30 million, and a typical market range of RM2.15 million to RM2.25 million.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM1,415, with most transactions between RM1,345 and RM1,484. The usual range is RM1,379.75 to RM1,449.25, showing that most units are priced quite close to each other. With an IQR of RM69.50 and MAD of RM70, 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.