Scientex Tasek Gelugor (Newtown)

Lot 535 & 3263, Jalan Kubang Menerong, Kg Kubang Menerong, 13300 Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

17 subsales grouped by size

Median
RM 609,000
PSF
RM 215
Price Size
Period
transactions middle 50% (P25–P75)
2,800 sqft
2-Sty Shop
RM 609,000
Jalan Kubang Menerong
2,799 sqft · RM 218 PSF
RM 659,000
Jalan Kubang Menerong
2,799 sqft · RM 235 PSF
2,850 sqft
2-Sty Shop
RM 689,000
Off Jalan Tasek Gelugor
2,863 sqft · RM 241 PSF
RM 891,000
Jalan Kubang Menderung
2,863 sqft · RM 311 PSF
RM 609,000
Jalan Kubang Menderung
2,863 sqft · RM 213 PSF
RM 619,000
Jalan Kubang Menderung
2,863 sqft · RM 216 PSF
RM 573,000
Jalan Kubang Menderung
2,863 sqft · RM 200 PSF
RM 609,000
Jalan Kubang Menderung
2,863 sqft · RM 213 PSF
+9 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 609,000

RM 215 psf

Median transaction price

Scientex Tasek Gelugor (Newtown)
© OpenStreetMap · CARTO

Lot 535 & 3263, Jalan Kubang Menerong, Kg Kubang Menerong, 13300 Tasek Gelugor, Pulau Pinang, Malaysia

Maps

Scientex Tasek Gelugor (Newtown) in Seberang Perai Utara, Penang recorded 17 subsale transactions in 2022, with a median price of RM 609K and a median price per square foot (PSF) of RM 215.

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 681K, 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.

The median PSF stands at RM 215, with core pricing between RM 190 and RM 240. Market pricing typically extends from RM 212.13 to RM 218.13, reflecting moderate variation in unit pricing. With an IQR of RM 6.00 and MAD of RM 25, 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.