Kawasan Bukit Gelugor
Residential Transaction Prices
Kawasan Bukit Gelugor is a township/project located in Timur Laut, Pulau Pinang. The median transacted price for Kawasan Bukit Gelugor is RM 490,000 with a median transacted price of RM 161.19 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 490,000
16.67% YoY
Lower: RM 450,000
Upper: RM 988,000
Median price per sq.ft. (psf)
RM 161.19
15.01% YoY
Lower: RM 132.40
Upper: RM 179.54
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 Bukit Gelugor Median Price Psf
Latest Transactions from Sep 23 to Aug 24
(4 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| August 2024 | Semi-Detached House | Leasehold | Jalan Bunga Raya | 3,398.89 sq.ft | 753.47 sq.ft | RM 450,000 | RM 132 |
| August 2024 | Bungalow House | Leasehold | Lebuhraya Bingham | 5,502.81 sq.ft | 1,067.56 sq.ft | RM 988,000 | RM 180 |
| April 2024 | Bungalow House | Leasehold | Jalan Pekeliling | 3,213.89 sq.ft | 1,043.02 sq.ft | RM 480,000 | RM 149 |
| October 2023 | Semi-Detached House | Leasehold | Lebuhraya Bingham | 2,889.90 sq.ft | 1,336.02 sq.ft | RM 500,000 | RM 173 |
August 2024
Type: Semi-Detached House
Tenure: Leasehold
Road: Jalan Bunga Raya
Land Area: 3,398.89 sq.ft
Build Area: 753.47 sq.ft
Transaction: RM 450,000
Price PSF: RM 132
August 2024
Type: Bungalow House
Tenure: Leasehold
Road: Lebuhraya Bingham
Land Area: 5,502.81 sq.ft
Build Area: 1,067.56 sq.ft
Transaction: RM 988,000
Price PSF: RM 180
April 2024
Type: Bungalow House
Tenure: Leasehold
Road: Jalan Pekeliling
Land Area: 3,213.89 sq.ft
Build Area: 1,043.02 sq.ft
Transaction: RM 480,000
Price PSF: RM 149
October 2023
Type: Semi-Detached House
Tenure: Leasehold
Road: Lebuhraya Bingham
Land Area: 2,889.90 sq.ft
Build Area: 1,336.02 sq.ft
Transaction: RM 500,000
Price PSF: RM 173
Frequently Asked Questions
What factors affect residential property prices in Kawasan Bukit Gelugor, Timur Laut?
Residential property prices in Kawasan Bukit 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 Bukit Gelugor, Timur Laut?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Kawasan Bukit Gelugor, Timur Laut.
How have residential property prices changed recently in Kawasan Bukit Gelugor, Timur Laut?
In the past 12 months, residential property prices in Kawasan Bukit Gelugor, Timur Laut have increased by 16.67% YoY.
What is the median price for residential property in Kawasan Bukit Gelugor, Timur Laut?
The median price for residential property in Kawasan Bukit Gelugor, Timur Laut is RM 490,000.
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.