TAMAN TASEK GELUGOR

TAMAN TASEK GELUGOR in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 444.

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 550K, with most transactions falling within a stable range of RM 446K to RM 550K, and a typical market range of RM 495K to RM 550K.

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

The median PSF stands at RM 444, with core pricing between RM 367 and RM 521. Market pricing typically extends from RM 403.25 to RM 484.75, reflecting moderate variation in unit pricing. The spread of RM 81.50 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.