Taman Gemilang
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Gemilang 1
|
RM 650,000
|
RM 454
|
1,432 sqft
|
|
2-Sty Terrace |
|
Lorong Gemilang 2
|
RM 480,000
|
RM 335
|
1,432 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 565,000
RM 395 psfMedian transaction price
Taman Gemilang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Gemilang in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2025, with a median price of RM 565K and a median price per square foot (PSF) of RM 395.
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 565K, with most transactions falling within a stable range of RM 480K to RM 650K, and a typical market range of RM 515K to RM 615K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 395, with core pricing between RM 335 and RM 454. Market pricing typically extends from RM 364.16 to RM 425.16, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.
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.