TAMAN TASEK GELUGOR UTAMA (SCIENTEX) in Seberang Perai Utara, Penang recorded 20 subsale transactions in 2024, with a median price of RM 331K and a median price per square foot (PSF) of RM 319.
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 331K, with most transactions falling within a stable range of RM 300K to RM 457K, and a typical market range of RM 301K to RM 361K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 319, with core pricing between RM 265 and RM 372. Market pricing typically extends from RM 303.88 to RM 333.13, reflecting moderate variation in unit pricing. The spread of RM 29.25 (IQR) and deviation of RM 54 (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. Moderate transaction volume may require patience when buying or selling.
