BandingHouse

SYKT. Kerjasama Sungai Gelugor

Timur Laut, Penang · Detached / bungalow · Freehold

Homes in SYKT. Kerjasama Sungai Gelugor have sold for a median of

RM757,500

RM292 psf on the recorded floor area

RM100,000median RM757,500RM881,250

Half of the 20 recorded sales fell between RM100,000 and RM881,250. One in ten went under RM100,000, one in ten over RM1,200,000. Sales run from 16 November 2021 to 4 July 2025.

Up 48% from a RM432,500 median in 2022 to RM640,000 in 2023.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What detached / bungalow sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as detached / bungalow under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.

Year by year

YearMedian soldPer sq ftSales
2021RM457,500RM265 psf2
2022RM432,500RM204 psf8
2023RM640,000RM339 psf6
2024RM900,000RM328 psf3
2025RM1,200,000RM503 psf1

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other detached / bungalow schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, SYKT. Kerjasama Sungai Gelugor sits 1 of 2 in that set.

SYKT. Kerjasama Sungai Gelugor
RM758k

Against Penang

Across Penang, the median recorded sale for detached / bungalow is RM1,200,000 (RM450 psf), from 233 sales. SYKT. Kerjasama Sungai Gelugor’s own median is RM757,500 — lower than that state median. Full Penang table.

Cash and monthly on the RM757,500 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM75,750
  • Transfer duty (MOT): RM16,725
  • Loan duty (0.5%): RM3,409
  • Total cash: RM95,884

Monthly carry

  • Instalment (35y @ 4.00%): RM3,019
  • Total monthly: RM3,019

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in SYKT. Kerjasama Sungai Gelugor sold for?
A median of RM757,500 (RM292 psf), from 20 land-office transactions between 16 November 2021 and 4 July 2025.
What is a typical band here?
Half of recorded sales fell between RM100,000 and RM881,250. One in ten went under RM100,000; one in ten over RM1,200,000.
Has the median moved?
From RM432,500 in 2022 to RM640,000 in 2023 (+48%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.