George Town Property Transacted Prices
The median transacted property price in George Town, Penang is RM 500,000 (RM 540 per sqft), based on 292 sales recorded by JPPH in the last 12 months, down 25.4% year on year.
Median price (last 12 months)
RM 500,000
Median RM/sqft
RM 540
Transactions (last 12 months)
292
Recorded since 2010
7,852
Half of all transactions closed between RM 279k and RM 1.18m (interquartile range, Dec 2024 - Dec 2025).
Prices by property type (last 12 months)
| Property type | Median price | Typical range (25th-75th) | Median RM/sqft | Transactions |
|---|---|---|---|---|
| High-rise (condo & apartment) | RM 331,500 | RM 189k - RM 522k | RM 416 | 140 |
| Landed homes | RM 910,000 | RM 600k - RM 1.4m | RM 777 | 110 |
| Shops & commercial | RM 400,000 | RM 252k - RM 1.05m | RM 496 | 23 |
Median price by year
| Year | Median price | Median RM/sqft | Transactions | |
|---|---|---|---|---|
| 2025 | RM 470,000 | RM 535 | 276 | |
| 2024 | RM 630,000 | RM 652 | 465 | |
| 2023 | RM 525,000 | RM 566 | 495 | |
| 2022 | RM 460,000 | RM 327 | 481 | |
| 2021 | RM 390,000 | RM 104 | 393 | |
| 2020 | RM 537,000 | RM 541 | 281 | |
| 2019 | RM 581,000 | RM 475 | 317 | |
| 2018 | RM 617,000 | RM 603 | 445 | |
| 2017 | RM 530,000 | RM 507 | 531 | |
| 2016 | RM 490,000 | RM 487 | 464 | |
| 2015 | RM 530,000 | RM 480 | 587 | |
| 2014 | RM 515,000 | RM 490 | 815 | |
| 2013 | RM 550,000 | RM 436 | 728 | |
| 2012 | RM 450,000 | RM 360 | 661 | |
| 2011 | RM 310,000 | RM 308 | 473 | |
| 2010 | RM 251,500 | RM 257 | 440 |
Latest recorded transactions
The 20 most recent sales recorded by JPPH in George Town. Buyer and seller details are never shown.
| Date | Scheme / location | Type | Tenure | Built-up | Price | RM/sqft |
|---|---|---|---|---|---|---|
| Dec 2025 | Marriott Residences | Condominium | Freehold | 969 sqft | RM 1,900,000 | RM 1,961 |
| Dec 2025 | Island Glades | Unit kedai dlm kedai/pejabat | Freehold | 893 sqft | RM 120,000 | RM 269 |
| Dec 2025 | Island Glades | Unit pejabat dlm kedai/pejabat | Freehold | 1,109 sqft | RM 275,000 | RM 496 |
| Dec 2025 | Island Glades | Unit pejabat dlm kedai/pejabat | Freehold | 1,109 sqft | RM 275,000 | RM 496 |
| Dec 2025 | Island Glades | Unit pejabat dlm kedai/pejabat | Freehold | 893 sqft | RM 120,000 | RM 269 |
| Dec 2025 | Island Glades | Unit kedai dlm kedai/pejabat | Freehold | 1,109 sqft | RM 175,000 | RM 316 |
| Dec 2025 | Island Glades | Unit kedai dlm kedai/pejabat | Freehold | 1,109 sqft | RM 175,000 | RM 316 |
| Nov 2025 | Jln Munshi Abdullah | Terrace | Freehold | 1,656 sqft | RM 730,000 | RM 441 |
| Nov 2025 | Taman Terubong Jaya | Apartment | Leasehold | 549 sqft | RM 158,000 | RM 288 |
| Nov 2025 | Island Park | Terrace | Freehold | 1,520 sqft | RM 1,280,000 | RM 842 |
| Nov 2025 | Taman Pemimpin (Leader Garden) | Condominium | Freehold | 1,141 sqft | RM 520,000 | RM 456 |
| Nov 2025 | Kawasan Jalan Burmah | Unit pejabat dlm pejabat binaan khas | Freehold | 1,141 sqft | RM 450,000 | RM 394 |
| Nov 2025 | 22 Macalisterz @ George Town | Apartment | Freehold | 497 sqft | RM 680,000 | RM 1,368 |
| Nov 2025 | 22 Macalisterz @ George Town | Apartment | Freehold | 497 sqft | RM 660,000 | RM 1,328 |
| Nov 2025 | 22 Macalisterz @ George Town | Apartment | Freehold | 497 sqft | RM 660,000 | RM 1,328 |
| Nov 2025 | Jln Victoria Green | Terrace | Freehold | 2,092 sqft | RM 1,300,000 | RM 621 |
| Nov 2025 | Taman Pemimpin (Leader Garden) | Apartment | Freehold | 1,141 sqft | RM 360,000 | RM 316 |
| Nov 2025 | Medan Lumba Kuda | Apartment | Freehold | 797 sqft | RM 380,000 | RM 477 |
| Nov 2025 | 22 Macalisterz @ George Town | Apartment | Freehold | 340 sqft | RM 550,000 | RM 1,617 |
| Nov 2025 | Island Park | Semi-D | Freehold | 1,582 sqft | RM 687,500 | RM 869 |
Current listings in George Town
Frequently asked questions
What is the median property price in George Town?▼
The median transacted property price in George Town, Penang is RM 500,000 (RM 540 per sqft), based on 292 sales recorded by JPPH in the last 12 months, down 25.4% year on year.
How much do high-rise properties cost in George Town?▼
The median transacted price for high-rise (condo & apartment) in George Town is RM 331,500 over the last 12 months, with half of sales between RM 189,375 and RM 522,000 (140 transactions).
How much do landed homes properties cost in George Town?▼
The median transacted price for landed homes in George Town is RM 910,000 over the last 12 months, with half of sales between RM 600,000 and RM 1,397,500 (110 transactions).
How many property transactions were recorded in George Town?▼
JPPH records show 292 transactions in George Town in the last 12 months, and 7,852 since 2010. The most recent recorded transaction was in Dec 2025.
Are these asking prices or actual sale prices?▼
Actual sale prices. Every figure on this page comes from transactions recorded with JPPH for George Town, Penang - not from listing asking prices.
Source: JPPH / NAPIC public property transaction records, most recent recorded transaction Dec 2025. Figures are computed from recorded sale considerations and exclude buyer and seller details. Medians describe the mix of properties actually sold in the period - they are a market guide, not a valuation of any specific property. Registered agents can search the full records in the Rummah transactions tool.