Rediscover

Gelugor

The median sale at Gelugor, Penang, Malaysia is RM 865,000

25%
RM 500,000
RM 454 (PSF)
MEDIAN
RM 865,000
RM 593 (PSF)
75%
RM 1,325,000
RM 781 (PSF)

 

Overview

Gelugor is a suburb located in the southern region of George Town, Penang. It is situated along the coast between Jelutong and Sungai Dua and covers an area of about 185 km2. The Malay settlement of Sungai Gelugor and Bukit Gelugor are part of this suburb. The land was originally cleared David Brown in the 19th century, to establish agricultural coconut groves and for cow herding carried out by Malays and Indians, respectively. He eventually became one of the largest land owners in Penang and his estate, Glugor Estate, covers a large portion of the central east coast of Penang Island. The estate and subsequently this area gets its name from the locally growing tamarind tree, Asam Gelugor. During the 20th century, animal husbandry and agricultural use of land gradually diminished as the land became government land, with government housing being built.

Property Development

Today, many modern properties can be seen such as Pulse, Palm Palladium, Vertiq, Bayswater, Platino & The Oasis – medium-cost and luxury condominiums; Halaman Sentosa, Sinar Bukit Dumbar & Mutiara Place – medium-cost apartments; Palm Residences & Minden Place – luxurious 3-story bungalows and semi-detached houses; Bukit Gelugor – 2-story terrace house and two high-rise condominium towers; 27 Green Terraces – 3-story terrace houses; and Bukit Dumbar Residences – 3-storey terrace and semi-detached houses.

Cascading 25 meters down a hill behind the Mutiara Indah Apartment is the Bukit Gambir Waterfall. The Light Waterfront Linear Park has a densely planted canopy of trees providing shade for cyclists along the 2km bicycle path which includes a pedestrian bridge across Sungai Gelugor. It is a part of the Light Waterfront integrated development designed to include residential, commercial, retail and entertainment centers to cater to the needs of the locals. Taman Recreasi Jabatan Laut Wilayah Utara is another perfect picnic spot to spend some quality time with the family with ample space for kids to play.

Amenities and Facilities

Amenities and facilities in close proximity, enjoyed by residents include various places of worship – Masjid Jamek Sungai Gelugor, Poh Guat Keong Temple and many Hindu temples the largest of which is the Sri Veerama Kaliamman Devasthanam;  shopping outlets to satisfy their retail needs – e-Gate, Plaza Ivory, Tesco Penang and Tesco Extra; sports centers – Nicol David International Squash Centre and Penang Badminton Centre;  and others such as Universiti Sains Malaysia, Lim Wah Ee Hospital, primary and secondary schools, post office, banks and various restaurants and cafes.

Accessibility and Transportation

Connectivity wise, it can be easily accessed from the mainland via the Penang Bridge which links to Tun Dr. Lim Chong Eu Expressway on the island. For those arriving on the island via the ferry, it can also be reached from George Town via Gelugor Highway of Federal Route 6.

Past Transactions

Project / TownShipsTypeMedian Price PsfMedian PriceFiled Transactions
VertiqCondominium/ApartmentRM 684RM 867,12685 Transactions
Bukit GelugorDetached House,Condominium/Apartment,Semi-Detached HouseRM 305RM 910,06182 Transactions
U-GardenFlat,Condominium/ApartmentRM 396RM 258,10482 Transactions
Jade View ApartmentFlat,Condominium/ApartmentRM 369RM 242,21081 Transactions
PlatinoCondominium/ApartmentRM 659RM 1,057,63177 Transactions
Gambier HeightsFlat,Condominium/ApartmentRM 506RM 353,90275 Transactions
Vista GambierCondominium/ApartmentRM 577RM 893,12469 Transactions
Taman Bukit GambierFlat,Terrace House,Semi-Detached HouseRM 720RM 1,043,66268 Transactions
The OasisCondominium/ApartmentRM 783RM 587,98462 Transactions
The Light LinearCondominium/ApartmentRM 700RM 1,048,28459 Transactions
;

Rent and Sale Prices in Gelugor

BedroomsSale PriceMonthly RentRental Yield
1RM 1,621,715RM 2,3501.74%
2RM 789,724RM 1,5742.39%
3RM 925,338RM 2,2032.86%
4RM 1,493,399RM 3,4792.8%
5RM 2,799,179RM ----

Price per Square Foot

SectorPrice Psf (Non Landed)Price Psf (Landed)
Area AverageRM 517RM 589
State AverageRM 328RM 256