Penang
Seberang Perai Tengah
11
TAMAN GEMILANG JAYA

TAMAN GEMILANG JAYA

Area Intelligence

2024

Median Price

RM 600,000

PSF: RM 150

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 150

TAMAN GEMILANG JAYA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 150.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 150, with most transactions between RM 150 and RM 150. The usual range is RM 131.00 to RM 169.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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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