SCIENTEX TASEK GELUGOR (NEWTOWN)

SCIENTEX TASEK GELUGOR (NEWTOWN) in Seberang Perai Utara, Penang recorded 18 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, 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 573K to RM 679K, and a typical market range of RM 604K to RM 614K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 396, with most transactions between RM 374 and RM 418. 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 22 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.