TAMAN TASEK GELUGOR UTAMA (SCIENTEX)

TAMAN TASEK GELUGOR UTAMA (SCIENTEX) in Seberang Perai Utara, Penang recorded 205 subsale transactions in 2021, with a median price of RM 267K and a median price per square foot (PSF) of RM 263.

This area contains both residential and commercial properties. View 309 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 267K, with most transactions falling within a stable range of RM 230K to RM 311K, and a typical market range of RM 237K to RM 297K.

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

The median PSF stands at RM 263, with core pricing between RM 227 and RM 299. Market pricing typically extends from RM 248.25 to RM 277.75, reflecting moderate variation in unit pricing. With an IQR of RM 29.50 and MAD of RM 36, 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. Moderate price stability provides a balanced market for both buyers and sellers. High transaction volume ensures good market liquidity and easier price discovery.