Area Intelligence

TAMAN GEMILANG JAYA

1 properties
2025
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Median Price
RM 1,680,000
PSF: RM 290

Residential Market

Median Price

RM 1,680,000

IQR: RM 38
MAD: RM 36
RM 290 PSF 15.9%

PSF Trends (2021-2025)

TAMAN GEMILANG JAYA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2025, with a median price of RM 1.68 million and a median price per square foot (PSF) of RM 290.

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 290, with most transactions between RM 290 and RM 290. The usual range is RM 271.00 to RM 309.00, 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.

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.

Area Location

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TAMAN GEMILANG JAYA, Seberang Perai Tengah, Penang

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Transactions

1 properties grouped by size

5,800 sqft
1 units Detached
RM 1,680,000
LORONG GEMILANG JAYA 3
5,802 sqft · RM 290.00 PSF
Jan 2025