Area Intelligence

TAMAN LAU GEOK SWEE

6 properties
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Median Price
RM 900,000
PSF: RM 589

Residential Market

Median Price

RM 900,000

IQR: RM 97
MAD: RM 33
RM 632 PSF 11.9%

PSF Trends (2021-2025)

TAMAN LAU GEOK SWEE in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 589.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 900K, with most transactions falling within a stable range of RM 878K to RM 923K, and a typical market range of RM 883K to RM 917K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 589, with core pricing between RM 524 and RM 654. Market pricing typically extends from RM 517.50 to RM 660.50, reflecting moderate variation in unit pricing. With an IQR of RM 143.00 and MAD of RM 65, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN LAU GEOK SWEE, Timur Laut, Penang

OSM

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Transactions

6 properties grouped by size

1,300 sqft
1 units Single Storey Terraced
RM 700,000
LORONG RAMBAI
1,283 sqft · RM 546.00 PSF
Jun 2022
1,400 sqft
3 units Double Storey Terraced
RM 885,000
LEBUH RAMBAI 6
1,399 sqft · RM 632.00 PSF
Oct 2024
RM 900,000
LEBUH RAMBAI 10
1,399 sqft · RM 643.00 PSF
Oct 2024
RM 930,000
LEBUH RAMBAI 8
1,399 sqft · RM 665.00 PSF
Feb 2024
2,500 sqft
1 units Double Storey Terraced
RM 1,200,000
LEBUH RAMBAI 7
2,497 sqft · RM 481.00 PSF
Mar 2022
2,600 sqft
1 units Single Storey Semi-D
RM 900,000
LORONG RAMBAI 1
2,595 sqft · RM 347.00 PSF
Sep 2023