Area Intelligence

SCIENTEX TASEK GELUGOR (NEWTOWN)

18 properties
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Median Price
RM 609,000
PSF: RM 396

Commercial Market

Median Price

RM 609,000

IQR: RM 6
MAD: RM 6
RM 396 PSF 0.0%

PSF Trends (2021-2025)

SCIENTEX TASEK GELUGOR (NEWTOWN) in Seberang Perai Utara, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 609K and a median price per square foot (PSF) of RM 396.

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 609K, with most transactions falling within a stable range of RM 599K to RM 619K, and a typical market range of RM 604K to RM 614K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 396, with most transactions between RM 390 and RM 402. The usual range is RM 393.00 to RM 399.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.

Area Location

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SCIENTEX TASEK GELUGOR (NEWTOWN), Seberang Perai Utara, Penang

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Transactions

18 properties grouped by size

1,500 sqft
2 units Double Storey Shop
RM 689,000
OFF JALAN TASEK GELUGOR
1,507 sqft · RM 457.00 PSF
Aug 2022
RM 659,000
JALAN KUBANG MENERONG
1,507 sqft · RM 437.00 PSF
Apr 2022
1,550 sqft
15 units (showing 6) Double Storey Shop
RM 609,000
JALAN KUBANG MENERONG
1,539 sqft · RM 396.00 PSF
Jan 2023
RM 609,000
JALAN KUBANG MENDERUNG
1,539 sqft · RM 396.00 PSF
Jul 2022
RM 619,000
JALAN KUBANG MENDERUNG
1,539 sqft · RM 402.00 PSF
Jul 2022
RM 573,000
JALAN KUBANG MENDERUNG
1,539 sqft · RM 372.00 PSF
Jun 2022
RM 609,000
JALAN KUBANG MENDERUNG
1,539 sqft · RM 396.00 PSF
Jun 2022
RM 609,000
JALAN KUBANG MENDERUNG
1,539 sqft · RM 396.00 PSF
May 2022
2,100 sqft
1 units Double Storey Shop
RM 891,000
JALAN KUBANG MENDERUNG
2,099 sqft · RM 424.00 PSF
Aug 2022