TAMAN TASEK GELUGOR UTAMA (SCIENTEX)

TAMAN TASEK GELUGOR UTAMA (SCIENTEX) in Seberang Perai Utara, Penang recorded 55 subsale transactions in 2023, with a median price of RM 309K and a median price per square foot (PSF) of RM 284.

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 309K, with most transactions falling within a stable range of RM 245K to RM 373K, and a typical market range of RM 279K to RM 339K.

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

The median PSF stands at RM 284, with core pricing between RM 242 and RM 326. Market pricing typically extends from RM 269.25 to RM 298.75, reflecting moderate variation in unit pricing. With an IQR of RM 29.50 and MAD of RM 42, 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. Moderate transaction volume may require patience when buying or selling.