Area Intelligence

TAMAN GEMURUH

2 properties
Double Storey Terraced
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Median Price
RM 515,000
PSF: RM 400

Residential Market

Median Price

RM 515,000

IQR: RM 110
MAD: RM 55
RM 400 PSF 10.5%

PSF Trends (2021-2025)

TAMAN GEMURUH in Barat Daya, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 515K and a median price per square foot (PSF) of RM 400.

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 515K, with most transactions falling within a stable range of RM 480K to RM 550K, and a typical market range of RM 480K to RM 550K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey semi-detached dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 400, with most transactions between RM 378 and RM 422. The usual range is RM 345.25 to RM 454.75, showing that most units are priced quite close to each other. With an IQR of RM 109.50 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN GEMURUH, Barat Daya, Penang

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Transactions

2 properties grouped by size

1,250 sqft
1 units Double Storey Terraced
RM 480,000
TINGKAT PASIR BELANDA 2
1,270 sqft · RM 378.00 PSF
May 2023
1,300 sqft
1 units Double Storey Terraced
RM 550,000
TINGKAT PASIR BELANDA 2
1,302 sqft · RM 422.00 PSF
Nov 2024