TAMAN TASEK GELUGOR UTAMA (SCIENTEX) in Seberang Perai Utara, Penang recorded 55 subsale transactions in 2023, with a median price of RM 309K and a median price per square foot (PSF) of RM 284.
This area contains both residential and commercial properties. View 310 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 309K, with most transactions falling within a stable range of RM 287K to RM 292K, and a typical market range of RM 279K to RM 292K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 284, with most transactions between RM 277 and RM 291. The usual range is RM 269.38 to RM 298.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.25 and an average deviation (MAD) of RM 7 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. Moderate transaction volume may require patience when buying or selling.
