Taman Gemilang
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Gemilang 2
|
RM 580,000
|
RM 405
|
1,432 sqft
|
|
|
|
Lorong Gemilang 2
|
RM 380,000
|
RM 265
|
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 2 subsale transactions in 2023, 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. The median price is RM 480K, with most transactions falling within a stable range of RM 380K to RM 580K, and a typical market range of RM 430K to RM 530K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 335, though individual units vary from RM 265 to RM 405 in the core range. The broader market spans RM 304.79 to RM 365.79, indicating diverse property characteristics. The spread of RM 61.00 (IQR) and deviation of RM 70 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.