Taman Seri Gemilang

14000 Bukit Mertajam, Pulau Pinang, Malaysia

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Taman Seri Gemilang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

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Taman Seri Gemilang in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 850K and a median price per square foot (PSF) of RM 297.

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 850K, with most transactions falling within a stable range of RM 635K to RM 1.07 million, and a typical market range of RM 654K to RM 1.05 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 297, with core pricing between RM 258 and RM 336. Market pricing typically extends from RM 261.00 to RM 332.00, reflecting moderate variation in unit pricing. With an IQR of RM 71.00 and MAD of RM 39, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.