MalaysiaProp
Timur Laut · Sub-area

Georgetown property prices

Real registered sale prices from NAPIC/JPPH: 3,394 sales since 2021.

Where it is

Georgetown, Timur Laut

Price map →
RM526median price per sqft, last 2 years
RM495kMedian price9.4% YoY
RM526Median per sqft
+8.5%Price per sqft since 2021
598Sales, last 2 years

Georgetown is a sub-area (mukim) of Timur Laut, Penang, with 3,394 registered sales since 2021. Over the last 2 years the median price was RM495k (RM526 psf), with price-per-sqft up 8.5% versus 2021. Mostly Flat. Real registered sale prices from NAPIC/JPPH.

Price trend

Quarterly median sale price, all property types.

RM658kRM429kRM200k202120222023202420252026
2021 median RM438krecent median RM495k13.1% in price

Price distribution

2023–2025 · 2,011 sales

< RM250k17%
250–500k33%
500–750k14%
750k–1M10%
1–1.5M11%
> RM1.5M16%
25th percentile
MedianRM500,000
75th percentile

What sells here

Median price by home type, with each type's share of 2025 sales.

FlatFlatRM317k33% of sales
Condo / apartmentCondominiumRM837k33% of sales
Low-cost flatLow-Cost FlatRM200k11% of sales
Double-storey terrace2-sty TerracedRM1.19M6% of sales
Office LotRM468k3% of sales
67%freehold
Freehold vs leasehold
freehold67%
leasehold33%

Frequently asked

What is the median property price in Georgetown, Timur Laut?

The median registered sale price in Georgetown (a sub-area of Timur Laut, Penang) in 2025 was RM495,000 (RM526 per sq ft), based on 3,394 NAPIC/JPPH transactions since 2021.

Are property prices in Georgetown rising or falling?

Georgetown's price-per-sqft is up 8.5% since 2021 (a mix-neutral measure of real appreciation).

What type of property sells in Georgetown?

Mostly Flat, which is 33% of 2025 sales.

Is Georgetown freehold or leasehold?

67% of Georgetown transactions are freehold and 33% leasehold.

Photo credits: PPR public housing flats in Bukit Jalil, Kuala Lumpur, Brownc (CC BY-SA 4.0) · Condominium towers in North Kiara, Kuala Lumpur, Pradana Aumars (CC BY-SA 4.0) · Double-storey terraced houses in Bandar Sri Sendayan, Seremban, AyyanD (CC BY-SA 4.0)