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Taman Cemerlang, Taman Ara, 11600 Jelutong, Pulau Pinang, Malaysia
MapsTaman Cemerlang in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 410K and a median price per square foot (PSF) of RM 564.
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 410K, with most transactions falling within a stable range of RM 400K to RM 420K, and a typical market range of RM 400K to RM 420K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 564, with most transactions between RM 555 and RM 574. The usual range is RM 519.48 to RM 608.98, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 10, 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.