Taman Gemilang Jaya
11, Jalan Gemilang Jaya, Taman Gemilang Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
11, Jalan Gemilang Jaya, Taman Gemilang Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Gemilang Jaya 2
|
RM 555,000
|
RM 376
|
1,475 sqft
|
|
|
Jalan Nangka
|
RM 750,000
|
RM 433
|
1,733 sqft
|
|
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11, Jalan Gemilang Jaya, Taman Gemilang Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Gemilang Jaya in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 653K 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 653K, with most transactions falling within a stable range of RM 555K to RM 750K, and a typical market range of RM 555K to RM 750K.
Most transactions involved detached, with moderate diversity in property types available.
For price per square foot, the median is RM 405, with most transactions between RM 376 and RM 433. The usual range is RM 354.07 to RM 455.07, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.