SCIENTEX TASEK GELUGOR (NEWTOWN)
Commercial Market
Median Price
RM 609,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Terraced Factory
14 properties
Median Price
RM 2,025,000
+2.5% CAGR
Median PSF
RM 491.50
-9.0% CAGR
Semi-D Factory
1 properties
Median Price
RM 520,000
Median PSF
RM 75.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Terraced Factory | 14 |
RM 2,025,000
±88K MAD
|
+2.50% |
RM 491.50
±66 MAD
|
-9.02% | |
| Semi-D Factory | 1 |
RM 520,000
|
- |
RM 75.00
|
- |
SCIENTEX TASEK GELUGOR (NEWTOWN) in Seberang Perai Utara, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 609K and a median price per square foot (PSF) of RM 396.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 609K, with most transactions falling within a stable range of RM 599K to RM 619K, and a typical market range of RM 604K to RM 614K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 396, with most transactions between RM 390 and RM 402. The usual range is RM 393.00 to RM 399.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.
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.
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