Scientex Tasek Gelugor (Newtown)

Lot 535 & 3263, Jalan Kubang Menerong, Kg Kubang Menerong, 13300 Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

18 subsales grouped by size

Median
RM609,000
PSF
RM215
Period
transactions middle 50% (P25–P75)
2,800 sqft
2-Sty Shop
RM609,000
Jalan Kubang Menerong
2,799 sqft · RM218 PSF
RM609,000
Jalan Kubang Menerong
2,799 sqft · RM218 PSF
RM659,000
Jalan Kubang Menerong
2,799 sqft · RM235 PSF
2,850 sqft
2-Sty Shop
RM891,000
Jalan Kubang Menderung
2,863 sqft · RM311 PSF
RM689,000
Off Jalan Tasek Gelugor
2,863 sqft · RM241 PSF
RM609,000
Jalan Kubang Menderung
2,863 sqft · RM213 PSF
RM619,000
Jalan Kubang Menderung
2,863 sqft · RM216 PSF
RM573,000
Jalan Kubang Menderung
2,863 sqft · RM200 PSF
RM609,000
Jalan Kubang Menderung
2,863 sqft · RM213 PSF
+9 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM609,000

RM396 psf

Median transaction price

Scientex Tasek Gelugor (Newtown)
© OpenStreetMap · CARTO

Lot 535 & 3263, Jalan Kubang Menerong, Kg Kubang Menerong, 13300 Tasek Gelugor, Pulau Pinang, Malaysia

Maps

Scientex Tasek Gelugor (Newtown) in Seberang Perai Utara, Penang recorded 18 subsale transactions between 2021 and 2026, with a median price of RM609K and a median price per square foot (PSF) of RM215.

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 RM609K, with most transactions falling within a stable range of RM599K to RM619K, and a typical market range of RM604K to RM614K.

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

For price per square foot, the median is RM215, with most transactions between RM209 and RM221. The usual range is RM212.13 to RM218.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM6.00 and an average deviation (MAD) of RM6 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.