Penang
Seberang Perai Tengah
11
TAMAN GEMILANG JAYA

TAMAN GEMILANG JAYA

Area Intelligence

Median Price

RM 675,000

PSF: RM 219

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Residential PSF Trends

Median Price

RM 675,000

PSF: RM 219

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 600K to RM 750K, and a typical market range of RM 600K to RM 750K.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 150 to RM 288 in the core range. The broader market spans RM 200.00 to RM 238.00, indicating diverse property characteristics. A wider spread (IQR: RM 38.00) and deviation (MAD: RM 69) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN GEMILANG JAYA, Seberang Perai Tengah, Penang

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