SCIENTEX TASEK GELUGOR

Area Intelligence
2022
Median Price
RM 312,000
PSF: RM 263

Residential PSF Trends

Median Price

RM 309,000

PSF: RM 263

Commercial PSF Trends

Median Price

RM 609,000

RM 396 PSF

SCIENTEX TASEK GELUGOR in Seberang Perai Utara, Penang recorded 181 subsale transactions in 2022, with a median price of RM 312K and a median price per square foot (PSF) of RM 263.

This area contains both residential and commercial properties. View 281 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 312K, with most transactions falling within a stable range of RM 276K to RM 348K, and a typical market range of RM 276K to RM 348K.

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

For price per square foot, the median is RM 263, with most transactions between RM 242 and RM 284. The usual range is RM 244.50 to RM 281.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 21 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. Moderate price stability provides a balanced market for both buyers and sellers. Steady transaction activity supports reliable market pricing.

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SCIENTEX TASEK GELUGOR, Seberang Perai Utara, Penang

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