GEMBIRA PARADE

GEMBIRA PARADE in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 315K and a median price per square foot (PSF) of RM 871.

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 315K, with most transactions falling within a stable range of RM 308K to RM 315K, and a typical market range of RM 311K to RM 315K.

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

The median PSF stands at RM 871, with core pricing between RM 762 and RM 980. Market pricing typically extends from RM 808.50 to RM 933.50, reflecting moderate variation in unit pricing. With an IQR of RM 125.00 and MAD of RM 109, 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.