TAMAN TASEK GELUGOR

Area Intelligence
Single Storey Shop
Median Price
RM 450,000
PSF: RM 384

Commercial PSF Trends

Median Price

RM 500,000

RM 414 PSF

TAMAN TASEK GELUGOR in Seberang Perai Utara, Penang recorded 0 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 384.

This area contains both residential and commercial properties. View 1 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 350K to RM 550K, and a typical market range of RM 340K to RM 560K.

Within the Single Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 384, with core pricing between RM 324 and RM 444. Market pricing typically extends from RM 302.50 to RM 465.50, reflecting moderate variation in unit pricing. The spread of RM 163.00 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TASEK GELUGOR, Seberang Perai Utara, Penang

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