TAMAN GEMILANG JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 675K and a median price per square foot (PSF) of RM 219.
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 480K to RM 870K, and a typical market range of RM 294K to RM 1.06 million.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 219, with core pricing between RM 183 and RM 255. Market pricing typically extends from RM 200.00 to RM 238.00, reflecting moderate variation in unit pricing. The spread of RM 38.00 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.
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.