TAMAN GEMILANG JAYA
Residential Market
Median Price
RM 1,363,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Detached
3 properties
Median Price
RM 1,363,000
+5.4% CAGR
Median PSF
RM 252.00
+3.6% CAGR
Double Storey Terraced
2 properties
Median Price
RM 652,500
Median PSF
RM 374.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Detached | 3 |
RM 1,363,000
±317K MAD
|
+5.37% |
RM 252.00
±38 MAD
|
+3.57% | |
| Double Storey Terraced | 2 |
RM 652,500
|
- |
RM 374.00
|
- |
TAMAN GEMILANG JAYA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 1.36 million and a median price per square foot (PSF) of RM 252.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 252, with most transactions between RM 252 and RM 252. The usual range is RM 233.00 to RM 271.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN GEMILANG JAYA
|
RM 1,363,000
|
RM 252.00
|
5,403 sqft
|
Dec 2021
|