Area Intelligence

TAMAN GEMBIRA

4 properties
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Median Price
RM 175,000
PSF: RM 319

Residential Market

Median Price

RM 175,000

IQR: RM 34
MAD: RM 18
RM 319 PSF 13.0%

PSF Trends (2021-2025)

TAMAN GEMBIRA in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 175K and a median price per square foot (PSF) of RM 319.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 175K, with most transactions falling within a stable range of RM 165K to RM 185K, and a typical market range of RM 166K to RM 184K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 319, with most transactions between RM 301 and RM 337. The usual range is RM 302.00 to RM 336.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN GEMBIRA, Barat Daya, Penang

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Transactions

4 properties grouped by size

550 sqft
4 units Low-Cost Flat
RM 170,000
549 sqft · RM 310.00 PSF
Jan 2025
RM 180,000
549 sqft · RM 328.00 PSF
Aug 2024
RM 190,000
549 sqft · RM 346.00 PSF
Jul 2024
RM 145,000
549 sqft · RM 264.00 PSF
Feb 2022