Property prices for sale in Gelugor (Penang)

The prices in real estate in Gelugor, in the Penang region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

RM 1,123,044
Average price last 6 months
RM 634.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Gelugor has had a strong decrease during the last 6 months. In February, the average price per sq.feet was RM 729. In the following month the price per sq.feet decreased considerably to RM 600. The price for the following two months in (April, May) decreased 94 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 643.5 to RM 616.5 during June y July

Average price

Based upon to the price in Gelugor (cities), this has fallen considerably in the last 6 months. The average price for February is RM 1,330,064. During March the price had a considerable reduction till RM 920,749. In the following two months the average price has remained the same with regard to the previous two months from RM 1,125,406.5 to RM 1,122,872. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 1,124,139.25 and RM 1,120,853.5 between June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 1,097,495 they are 56 % more affordable than the average price for Gelugor. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 1 bedroom priced at RM 730,769.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 565 / sq.feet, with an average RM 609 / sq.feet price in Gelugor. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 672 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,097,495 it is 67 % cheaper than the average price in Gelugor. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 2,142,372 it is 197 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 419 / sq.feet followed by "Link House" priced at RM 581 / sq.feet. "Bungalow" is the most costly type of property with a RM 751 / sq.feet cost followed by "Condominium" with an average price of RM 647 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Gelugor
Number of properties used in region Penang
RM 1,097,495
RM 609
9,152
257,270
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
U Garden Gelugor Service Residence For Sale Lye Huat Chew
 1
U Garden Gelugor Service Residence For Sale Lye Huat Chew
RM 325,000
- For Sale - Serviced Residence - 800 sq.feet - 3 bedrooms - 2 bathrooms
800sf - 1 car park - full furnish - renovated - well maintain unit for more information or viewing kindly contact lh chew 016-4992808 email me at please...
 Gelugor Penang Apartment For Sale Sam Property
 1
Gelugor Penang Apartment For Sale Sam Property
RM 285,000
- For Sale - Apartment - 750 sq.feet - 3 bedrooms - 2 bathrooms
Jade view apartment for rent at gelugor, penang - freehold - non bumi lot - strata title - facing hill view - 3 bedroom - 2 bathroom - 1 carpark in front lift lobby - fully renovated - fully furnished...
Pearl Regency Gelugor Condominium For Sale Even Goh
 1
Pearl Regency Gelugor Condominium For Sale Even Goh
RM 1,000,000
- For Sale - Condominium - 1,389 sq.feet - 3 bedrooms - 2 bathrooms
3 bedrooms - 2 bathrooms - built-up: 1,389 sq.Ft. - full furnish and renovate - built-in kitchen cabinet and clothes wardrobe - facing penang bridge and sea...
Pearl Regency Gelugor Condominium For Sale Even Goh
 1
Pearl Regency Gelugor Condominium For Sale Even Goh
RM 1,180,000
- For Sale - Condominium - 1,550 sq.feet - 3 bedrooms - 2 bathrooms
3 bedrooms - 2 bathrooms - built-up: 1,550 sq.Ft. - full furnish and renovate - built-in kitchen cabinet and clothes wardrobe - facing penang bridge and sea...
 Gelugor Penang Bungalow For Sale Nicholes
 1
Gelugor Penang Bungalow For Sale Nicholes
RM 1,299,078
- For Sale - Bungalow - 4,919 sq.feet - 4 bedrooms - 3 bathrooms
Bank auction property: tingkat batu uban 2, gelugor, penang please call for full address & other details nicholes 012-433 7748 auction date: 11-aug-2020 auction price: rm 1,299,078 description: double storey...
 Gelugor Penang Apartment For Rent Sam Property
 1
Gelugor Penang Apartment For Rent Sam Property
RM 1,000
- For Rent - Apartment - 750 sq.feet - 3 bedrooms - 2 bathrooms
Jade view apartment for rent at gelugor, penang - freehold - non bumi lot - strata title - facing hill view - 3 bedroom - 2 bathroom - 1 carpark in front lift lobby - fully renovated - fully furnished...
Bayswater Gelugor Condominium For Rent Even Goh
 1
Bayswater Gelugor Condominium For Rent Even Goh
RM 2,600
- For Rent - Condominium - 1,313 sq.feet - 3 bedrooms - 3 bathrooms
3 + 2 bedrooms - 3 bathrooms - built-up: 1,313 sq.Ft. - full furnish - built-in kitchen cabinet - facing penang bridge and sea view - comes with two (2) car...
Pearl Regency Gelugor Condominium For Rent Even Goh
 1
Pearl Regency Gelugor Condominium For Rent Even Goh
RM 2,200
- For Rent - Condominium - 1,550 sq.feet - 3 bedrooms - 2 bathrooms
3 bedrooms - 2 bathrooms - built-up: 1,550 sq.Ft. - full furnish and renovate - built-in kitchen cabinet and clothes wardrobe - facing penang bridge and sea...
 Gelugor Penang Service Residence For Rent Lye Huat Chew
 1
Gelugor Penang Service Residence For Rent Lye Huat Chew
RM 2,900
- For Rent - Serviced Residence - 1,400 sq.feet - 4 bedrooms - 3 bathrooms
1400sf - 2 car park - full furnish - renovated - seaview for more information or viewing kindly contact lh chew +016-4992808 email me at please whatsapp or sms...
Bayswater Gelugor Condominium For Rent Even Goh
 1
Bayswater Gelugor Condominium For Rent Even Goh
RM 2,000
- For Rent - Condominium - 1,302 sq.feet - 3 bedrooms - 3 bathrooms
3 + 2 bedrooms - 3 bathrooms - built-up: 1,302 sq.Ft. - full furnish and renovate - built-in kitchen cabinet and clothes wardrobe - facing pool view - comes...