TAMAN GEMILANG (SPU) in Seberang Perai Utara, Penang recorded 0 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 155K and a median price per square foot (PSF) of RM 202.
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 155K, with most transactions falling within a stable range of RM 135K to RM 175K, and a typical market range of RM 134K to RM 176K.
Within the Low-Cost House category, flats dominated the market, with minimal variety in property types.
The median PSF stands at RM 202, with core pricing between RM 176 and RM 229. Market pricing typically extends from RM 176.50 to RM 227.50, 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.
