Taman Gemilang
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Gemilang 1
|
RM 480,000
|
RM 335
|
1,432 sqft
|
|
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Market Snapshot
ResidentialRM 480,000
RM 335 psfMedian transaction price
Taman Gemilang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Gemilang in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 335.
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 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 335, with most transactions between RM 335 and RM 335. The usual range is RM 304.79 to RM 365.79, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 0, 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. 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.