Gembira Parade

Lorong Delima 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM 307,500
PSF
RM 893
Price Size
RM 315,000
Level 2
344 sqft RM 915 PSF
RM 300,000
Level 3
344 sqft RM 871 PSF
Legend Recent Highest Price Highest PSF
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Lorong Delima 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia

Maps

Gembira Parade in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 325 and 374 sqft, with a median price of RM 308K and a median price per square foot (PSF) of RM 893.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 308K, with most transactions falling within a stable range of RM 300K to RM 315K, and a typical market range of RM 304K to RM 311K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 893, with most transactions between RM 871 and RM 915. The usual range is RM 830.23 to RM 955.23, showing that most units are priced quite close to each other. With an IQR of RM 125.00 and MAD of RM 22, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.