Kawasan Bandar Gelugor
Residential Transaction Prices
Kawasan Bandar Gelugor is a township/project located in Timur Laut, Pulau Pinang. The median transacted price for Kawasan Bandar Gelugor is RM 2,200,000 with a median transacted price of RM 366.58 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 2,200,000
22.22% YoY
Lower: RM 700,000
Upper: RM 3,000,000
Median price per sq.ft. (psf)
RM 366.58
-24.24% YoY
Lower: RM 301.07
Upper: RM 722.22
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Kawasan Bandar Gelugor Median Price Psf
Latest Transactions from Oct 23 to Sep 24
(3 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| September 2024 | Bungalow House | Leasehold | Jalan Ketitir | 2,325.00 sq.ft | 1,495.32 sq.ft | RM 700,000 | RM 301 |
| December 2023 | Semi-Detached House | Freehold | Lengkok Pemancar | 3,046.18 sq.ft | 2,609.71 sq.ft | RM 2,200,000 | RM 722 |
| December 2023 | Bungalow House | Freehold | Solok Pemancar | 8,183.72 sq.ft | 2,022.00 sq.ft | RM 3,000,000 | RM 367 |
September 2024
Type: Bungalow House
Tenure: Leasehold
Road: Jalan Ketitir
Land Area: 2,325.00 sq.ft
Build Area: 1,495.32 sq.ft
Transaction: RM 700,000
Price PSF: RM 301
December 2023
Type: Semi-Detached House
Tenure: Freehold
Road: Lengkok Pemancar
Land Area: 3,046.18 sq.ft
Build Area: 2,609.71 sq.ft
Transaction: RM 2,200,000
Price PSF: RM 722
December 2023
Type: Bungalow House
Tenure: Freehold
Road: Solok Pemancar
Land Area: 8,183.72 sq.ft
Build Area: 2,022.00 sq.ft
Transaction: RM 3,000,000
Price PSF: RM 367
Frequently Asked Questions
What factors affect residential property prices in Kawasan Bandar Gelugor, Timur Laut?
Residential property prices in Kawasan Bandar Gelugor, Timur Laut are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in Kawasan Bandar Gelugor, Timur Laut?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Kawasan Bandar Gelugor, Timur Laut.
How have residential property prices changed recently in Kawasan Bandar Gelugor, Timur Laut?
In the past 12 months, residential property prices in Kawasan Bandar Gelugor, Timur Laut have increased by 22.22% YoY.
What is the median price for residential property in Kawasan Bandar Gelugor, Timur Laut?
The median price for residential property in Kawasan Bandar Gelugor, Timur Laut is RM 2,200,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.