Penang
Barat Daya
9
TAMAN GEMURUH

TAMAN GEMURUH

Area Intelligence

2024

Median Price

RM 675,000

PSF: RM 346

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Residential PSF Trends

Median Price

RM 675,000

PSF: RM 346

TAMAN GEMURUH in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 675K and a median price per square foot (PSF) of RM 346.

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 675K, with most transactions falling within a stable range of RM 550K to RM 800K, and a typical market range of RM 550K to RM 800K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 346, though individual units vary from RM 269 to RM 422 in the core range. The broader market spans RM 290.75 to RM 400.25, indicating diverse property characteristics. The spread of RM 109.50 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN GEMURUH, Barat Daya, Penang

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