TAMAN GEMILANG JAYA Property Investment Analysis

11, Seberang Perai Tengah, Penang

Median Price
RM 750,000
CAGR
-23.9%
Median PSF
RM 288.00
CAGR
-15.9%
Transactions
5
Period
2021-2025

TAMAN GEMILANG JAYA in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 750K and a median price per square foot (PSF) of RM 288.

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 750K, with most transactions falling within a stable range of RM 555K to RM 945K, and a typical market range of RM 555K to RM 1.13 million.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 288, with core pricing between RM 252 and RM 324. Market pricing typically extends from RM 269.00 to RM 307.00, reflecting moderate variation in unit pricing. With an IQR of RM 38.00 and MAD of RM 36, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

5 found
Detached
LORONG GEMILANG JAYA 3
RM 1,680,000
PSF: RM 290.00
Area: 5,802 sqft
Date: Jan 2025
Detached
JALAN NANGKA
RM 600,000
PSF: RM 150.00
Area: 4,004 sqft
Date: Oct 2024
2 - 2 1/2 Storey Terraced
LORONG GEMILANG JAYA 2
RM 555,000
PSF: RM 460.00
Area: 1,206 sqft
Date: Mar 2022
2 - 2 1/2 Storey Terraced
JALAN NANGKA
RM 750,000
PSF: RM 288.00
Area: 2,605 sqft
Date: Feb 2022
Detached
JALAN GEMILANG JAYA
RM 1,363,000
PSF: RM 252.00
Area: 5,403 sqft
Date: Dec 2021