The Zen

Persiaran Bayan Mutiara 3, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

38 subsales grouped by size

Median
RM550,000
PSF
RM659
Period
transactions middle 50% (P25–P75)
800 sqft
Shop
RM1,000,000
Level 2
780 sqft · RM1,282 PSF
RM550,000
Level 2
780 sqft · RM705 PSF
RM655,000
Level 20
868 sqft · RM755 PSF
RM430,000
Level 40
850 sqft · RM506 PSF
RM538,000
Level 33
850 sqft · RM633 PSF
RM665,000
Level 20
868 sqft · RM766 PSF
RM430,000
Level 38
850 sqft · RM506 PSF
RM495,000
Level 17
850 sqft · RM582 PSF
+29 more
1,900 sqft
Shop
RM1,430,000
Level 2
1,884 sqft · RM759 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM545,000

RM641 psf

Median transaction price

Average

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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The Zen
© OpenStreetMap · CARTO

Persiaran Bayan Mutiara 3, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

The Zen in Timur Laut, Penang recorded 38 subsale transactions between 2021 and 2026, with a median price of RM550K and a median price per square foot (PSF) of RM659.

This area contains both residential and commercial properties. View 33 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM550K, with most transactions falling within a stable range of RM497K to RM604K, and a typical market range of RM500K to RM600K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM659, with core pricing between RM592 and RM725. Market pricing typically extends from RM597.43 to RM720.18, reflecting moderate variation in unit pricing. With an IQR of RM122.75 and MAD of RM67, 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.