Scientex Tasek Gelugor (Newtown)

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

Property Transactions

1 subsales grouped by size

Median
RM 609,000
PSF
RM 218
Price Size
2,800 sqft
2-Sty Shop
RM 609,000
Jalan Kubang Menerong
2,799 sqft · RM 218 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 609,000

RM 218 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 1 subsale transactions in 2023, with a median price of RM 609K and a median price per square foot (PSF) of RM 218.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 218, with most transactions between RM 218 and RM 218. The usual range is RM 214.61 to RM 220.61, 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 0 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.