TAMAN GEMBIRA

TAMAN GEMBIRA in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 185K and a median price per square foot (PSF) of RM 337.

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 185K, with most transactions falling within a stable range of RM 180K to RM 190K, and a typical market range of RM 180K to RM 190K.

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

For price per square foot, the median is RM 337, with most transactions between RM 328 and RM 346. The usual range is RM 320.00 to RM 354.00, 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 9 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.