Taman Gemilang
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Gemilang 1
|
RM 650,000
|
RM 454
|
1,432 sqft
|
|
|
|
Lorong Gemilang 2
|
RM 480,000
|
RM 335
|
1,432 sqft
|
|
|
|
Lorong Gemilang 2
|
RM 580,000
|
RM 405
|
1,432 sqft
|
|
|
|
Lorong Gemilang 2
|
RM 380,000
|
RM 265
|
1,432 sqft
|
|
|
|
Lorong Gemilang 1
|
RM 480,000
|
RM 335
|
1,432 sqft
|
|
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Market Snapshot
ResidentialRM 480,000
RM 310 psfMedian transaction price
Taman Gemilang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Gemilang in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 480K and a median price per square foot (PSF) of RM 405.
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 480K, with most transactions falling within a stable range of RM 380K to RM 580K, and a typical market range of RM 430K to RM 530K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 405, with core pricing between RM 355 and RM 455. Market pricing typically extends from RM 374.64 to RM 435.64, reflecting moderate variation in unit pricing. With an IQR of RM 61.00 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.