Property prices for sale in Gelugor (Penang)

The prices in real estate in Gelugor, in the Penang region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

RM 1,157,422.5
Average price last 6 months
RM 641.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Gelugor has remained the same in the last 6 months. In May, the average price per sq.feet was RM 618. In June this price pretty much remained the same at a value of RM 642 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 630 to RM 647 per sq.feet. 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 638.5 to RM 646.5 during September y October

Average price

Based upon to the price in Gelugor (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is RM 1,085,187. In June This price remains at RM 1,086,137. During the following two months (July, August) the price has had an average incrementation from RM 1,085,662 to RM 1,173,443. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.

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 1,217,288 they are 51 % more affordable than the average price for Gelugor. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 841,213.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 584 / sq.feet, with an average RM 651 / sq.feet price in Gelugor. The properties with the highest average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 705 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,217,288 it is 22 % cheaper than the average price in Gelugor. "Apartment" 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 1,959,200 it is 174 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 583 / sq.feet followed by "Semi Detached House" priced at RM 598 / sq.feet. "Bungalow" is the most costly type of property with a RM 695 / sq.feet cost followed by "Condominium" with an average price of RM 669 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Gelugor
Number of properties used in region Penang
RM 1,217,288
RM 651
10,964
410,134
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
The Light Collection Iv, Gelugor, Gelugor
 5
The Light Collection Iv, Gelugor, Gelugor
RM 2,000,000
Gelugor, Penang - For Sale - Apartment - 2,185 sq.feet - 3 bedrooms - 3 bathrooms
To live in the light collection iv is to experience an enviable lifestyle known only to residents in the upmarket and luxurious resort living enclave whichuses...
The Light Collection Iii, Gelugor, Gelugor
 5
The Light Collection Iii, Gelugor, Gelugor
RM 3,700,000
Gelugor, Penang - For Sale - Apartment - 3,337 sq.feet - 4 bedrooms - 5 bathrooms
Right by the waters edge, in full view of penangs legendary harbour splendour, the light collection iii unveils an eye-catching cluster of contemporary-chic...
The Light Collection I, Gelugor, Gelugor
 5
The Light Collection I, Gelugor, Gelugor
RM 1,020,000
Gelugor, Penang - For Sale - Apartment - 1,528 sq.feet - 3 bedrooms - 3 bathrooms
The light collection i foe sale: - 3 car park - fully reno and funi - 3 bedroom and 3 bathroom only asking: rm 1.02mil one of the cheapest in market for more...
The Light Linear, Gelugor, Gelugor
 2
The Light Linear, Gelugor, Gelugor
RM 960,000
Gelugor, Penang - For Sale - Apartment - 1,450 sq.feet - 3 bedrooms - 2 bathrooms
The light lienar,gelugor 1450sf,3room,2carpark partly furnished call for more info dennis-0164511471...
The Light Collection Ii, Gelugor, Gelugor
 5
The Light Collection Ii, Gelugor, Gelugor
Request Details
Gelugor, Penang - For Sale - Apartment - 1,701 sq.feet - 3 bedrooms - 3 bathrooms
The light collection ii is located at gelugor, comprises five blocks of 7-storey condominium with a total of 297 units. There are 24 layout types to choose from, the 1-bedroom studio unit, 2 & 3-bedroom...