Median price (last 12 months)
RM 470,000
Median price, 12-month change
−3.1%
Median RM/sqft
RM 536
Transactions (last 12 months)
257
Recorded since 2010
8,302
Half of all transactions closed between RM 280k and RM 1.1m (interquartile range, May 2025 - May 2026).
Prices by property type (last 12 months)
| Property type | Median price | Typical range (25th-75th) | Median RM/sqft | Transactions |
|---|---|---|---|---|
| High-rise (condo & apartment) | RM 350,000 | RM 214k - RM 522k | RM 437 | 136 |
| Landed homes | RM 1,078,500 | RM 680k - RM 1.52m | RM 801 | 90 |
| Shops & commercial | RM 251,500 | RM 190k - RM 438k | RM 478 | 26 |
Median price by year
| Year | Median price | Median RM/sqft | Transactions | |
|---|---|---|---|---|
| 2026 | RM 528,000 | RM 535 | 81 | |
| 2025 | RM 466,667 | RM 536 | 299 | |
| 2024 | RM 625,000 | RM 647 | 476 | |
| 2023 | RM 530,000 | RM 565 | 495 | |
| 2022 | RM 450,000 | RM 341 | 496 | |
| 2021 | RM 370,000 | RM 104 | 437 | |
| 2020 | RM 542,500 | RM 532 | 286 | |
| 2019 | RM 563,500 | RM 476 | 322 | |
| 2018 | RM 621,500 | RM 602 | 450 | |
| 2017 | RM 500,000 | RM 515 | 546 | |
| 2016 | RM 485,000 | RM 494 | 470 | |
| 2015 | RM 520,000 | RM 488 | 614 | |
| 2014 | RM 517,500 | RM 501 | 876 | |
| 2013 | RM 560,000 | RM 445 | 794 | |
| 2012 | RM 433,281 | RM 368 | 676 | |
| 2011 | RM 320,000 | RM 318 | 513 | |
| 2010 | RM 258,000 | RM 264 | 471 |
Most transacted schemes in George Town
Named taman, condominium and industrial schemes in George Town with the most recorded sales over the last 12 months.
| Scheme | Type | Transactions | Median price | Median RM/sqft |
|---|---|---|---|---|
| Taman Terubong Jaya | Apartment | 32 | RM 195,000 | RM 298 |
| Island Glades | Terrace | 16 | RM 500,000 | RM 670 |
| Kawasan Jalan Burmah | Kedai/kediaman-tengah | 12 | RM 702,268 | RM 1,142 |
| Taman Pemimpin (Leader Garden) | Apartment | 12 | RM 405,000 | RM 364 |
| Island Park | Terrace | 12 | RM 1,340,000 | RM 856 |
| Island Glades 2/T Jln/Lor. Delima | Terrace | 10 | RM 959,000 | RM 745 |
| Taman Medan Penaga | Apartment | 9 | RM 290,000 | RM 379 |
| 22 Macalisterz @ George Town | Apartment | 8 | RM 610,000 | RM 1,487 |
| Ocean View (Bandar Sri Pinang) | Apartment | 7 | RM 450,000 | RM 516 |
| Marriott Residences | Condominium | 6 | RM 1,748,000 | RM 1,836 |
| Tmn Sri Pinang (Spu) | Kedai/pejabat-tengah | 6 | RM 550,000 | RM 275 |
| Kompleks Pulau Mutiara | Apartment | 6 | RM 190,000 | RM 353 |
| Shorefront Residences | Condominium | 5 | RM 1,750,000 | RM 1,272 |
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 |
|---|---|---|---|---|---|---|
| May 2026 | Taman Erskine | Apartment | Freehold | 700 sqft | RM 299,000 | RM 427 |
| May 2026 | Island Glades 2/T Jln/Lor. Delima | Terrace | Freehold | 1,672 sqft | RM 1,350,000 | RM 807 |
| May 2026 | Island Glades 2/T Jln/Lor. Delima | Terrace | Freehold | 1,320 sqft | RM 800,000 | RM 606 |
| Apr 2026 | Taman Sin Chor Chit | Apartment | Freehold | 678 sqft | RM 220,000 | RM 324 |
| Apr 2026 | Kawasan Jln Masjid Negeri | Semi-D | Freehold | 1,384 sqft | RM 1,300,000 | RM 1,879 |
| Apr 2026 | Kawasan Jln Masjid Negeri | Semi-D | Freehold | 1,384 sqft | RM 1,300,000 | RM 1,879 |
| Apr 2026 | Jln Terengganu | Semi-D | Freehold | 1,282 sqft | RM 533,333 | RM 1,248 |
| Apr 2026 | Jln Terengganu | Semi-D | Freehold | 1,282 sqft | RM 533,333 | RM 1,248 |
| Apr 2026 | Jln Terengganu | Semi-D | Freehold | 1,282 sqft | RM 533,333 | RM 1,248 |
| Apr 2026 | Penang Village | Terrace | Freehold | 1,875 sqft | RM 300,000 | RM 320 |
| Apr 2026 | Penang Village | Terrace | Freehold | 1,875 sqft | RM 300,000 | RM 320 |
| Apr 2026 | Jln Cantonment | Bungalow | Freehold | 1,964 sqft | RM 4,750,000 | RM 2,419 |
| Apr 2026 | Island Glades | Terrace | Freehold | 900 sqft | RM 850,000 | RM 944 |
| Apr 2026 | Kawasan Jalan Burmah | Terrace | Freehold | 1,739 sqft | RM 1,150,000 | RM 661 |
| Apr 2026 | Taman Pemimpin (Leader Garden) | Condominium | Freehold | 1,141 sqft | RM 385,000 | RM 337 |
| Apr 2026 | Scots Pavilion | Condominium | Freehold | 1,345 sqft | RM 968,000 | RM 719 |
| Apr 2026 | Kawasan Jalan Burmah | Kedai/kediaman-tengah | Freehold | 2,038 sqft | RM 208,334 | RM 1,227 |
| Apr 2026 | Kawasan Jalan Burmah | Kedai/kediaman-tengah | Freehold | 2,038 sqft | RM 208,333 | RM 1,227 |
| Apr 2026 | D'Residence | Terrace | Freehold | 3,057 sqft | RM 2,450,000 | RM 801 |
| Apr 2026 | Kawasan Jalan Burmah | Kedai/kediaman-tengah | Freehold | 2,038 sqft | RM 625,000 | RM 1,227 |
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 470,000 (RM 536 per sqft), based on 257 sales recorded by JPPH in the last 12 months, down 3.1% on the 12 months before.
How much do high-rise properties cost in George Town?▼
The median transacted price for high-rise (condo & apartment) in George Town is RM 350,000 over the last 12 months, with half of sales between RM 213,750 and RM 522,000 (136 transactions).
How much do landed homes properties cost in George Town?▼
The median transacted price for landed homes in George Town is RM 1,078,500 over the last 12 months, with half of sales between RM 680,000 and RM 1,522,500 (90 transactions).
How many property transactions were recorded in George Town?▼
JPPH records show 257 transactions in George Town in the last 12 months, and 8,302 since 2010. The most recent recorded transaction was in May 2026.
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 May 2026. Figures are computed from recorded sale considerations of building transactions (residential, commercial and industrial); vacant land, development-land and agricultural deals are excluded, and buyer and seller details are never shown. 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.