TAMAN GEMILANG (SPU)

TAMAN GEMILANG (SPU) in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 150K and a median price per square foot (PSF) of RM 214.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 150K, with most transactions falling within a stable range of RM 130K to RM 170K, and a typical market range of RM 129K to RM 171K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 214, with core pricing between RM 188 and RM 241. Market pricing typically extends from RM 188.50 to RM 239.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.