Area Intelligence

TAMAN CEMERLANG - G'TOWN

3 properties
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Median Price
RM 160,000
PSF: RM 273

Residential Market

Median Price

RM 160,000

IQR: RM 33
MAD: RM 12
RM 273 PSF 14.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN CEMERLANG - G'TOWN in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 160K and a median price per square foot (PSF) of RM 273.

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 160K, with most transactions falling within a stable range of RM 150K to RM 170K, and a typical market range of RM 150K to RM 173K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 273, with most transactions between RM 261 and RM 285. The usual range is RM 256.75 to RM 289.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN CEMERLANG - G'TOWN, Timur Laut, Penang

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Transactions

3 properties grouped by size

550 sqft
1 units Low-Cost Flat
RM 150,000
549 sqft · RM 273.00 PSF
Feb 2023
600 sqft
2 units
RM 200,000
Flat
614 sqft · RM 326.00 PSF
Mar 2023
RM 160,000
Low-Cost Flat
614 sqft · RM 261.00 PSF
Nov 2022