Penang
Seberang Perai Utara
12
TAMAN TASEK GELUGOR UTAMA (SCIENTEX)

TAMAN TASEK GELUGOR UTAMA (SCIENTEX)

Area Intelligence

2021

Median Price

RM 267,000

PSF: RM 263

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Residential PSF Trends

Median Price

RM 267,000

PSF: RM 263

Commercial PSF Trends

Median Price

RM 591,000

RM 384 PSF

TAMAN TASEK GELUGOR UTAMA (SCIENTEX) in Seberang Perai Utara, Penang recorded 205 subsale transactions in 2021, with a median price of RM 267K and a median price per square foot (PSF) of RM 263.

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 267K, with most transactions falling within a stable range of RM 309K to RM 311K, and a typical market range of RM 309K to RM 297K.

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

Price per square foot shows a median of RM 263, though individual units vary from RM 201 to RM 325 in the core range. The broader market spans RM 248.38 to RM 277.63, indicating diverse property characteristics. The spread of RM 29.25 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.

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. High transaction volume ensures good market liquidity and easier price discovery.

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TAMAN TASEK GELUGOR UTAMA (SCIENTEX), Seberang Perai Utara, Penang

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