Area Intelligence

TAMAN CEMERLANG - G'TOWN

2 properties
Low-Cost Flat
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Median Price
RM 155,000
PSF: RM 267

Residential Market

Median Price

RM 155,000

IQR: RM 33
MAD: RM 12
RM 267 PSF 14.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN CEMERLANG - G'TOWN in Timur Laut, Penang recorded 2 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 155K and a median price per square foot (PSF) of RM 267.

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 155K, with most transactions falling within a stable range of RM 150K to RM 160K, and a typical market range of RM 150K to RM 160K.

Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 267, with most transactions between RM 261 and RM 273. The usual range is RM 250.75 to RM 283.25, 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 6 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

2 properties grouped by size

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