Area Intelligence

TAMAN GEMILANG INDAH

2 properties
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Median Price
RM 667,500
PSF: RM 530

Residential Market

Median Price

RM 667,500

IQR: RM 6
MAD: RM 6
RM 530 PSF 2.2%

PSF Trends (2021-2025)

TAMAN GEMILANG INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 668K and a median price per square foot (PSF) of RM 530.

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 668K, with most transactions falling within a stable range of RM 660K to RM 675K, and a typical market range of RM 664K to RM 671K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 530, with most transactions between RM 524 and RM 536. The usual range is RM 527.00 to RM 533.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN GEMILANG INDAH, Seberang Perai Tengah, Penang

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Transactions

2 properties found

Double Storey Terraced LORONG GEMILANG INDAH 3
RM 660,000
1,259 sqft Feb 2024
RM 524.00 PSF
Double Storey Terraced LORONG GEMILANG INDAH 4
RM 675,000
1,259 sqft Dec 2023
RM 536.00 PSF