The Zen

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

Property Transactions

30 subsales grouped by size

Median
RM555,000
PSF
RM659
Price Size
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
RM605,000
Level 30
850 sqft · RM712 PSF
RM498,000
Level 18
850 sqft · RM586 PSF
RM438,000
Level 16
850 sqft · RM515 PSF
RM435,000
Level 26
850 sqft · RM512 PSF
RM455,000
Level 41
850 sqft · RM535 PSF
RM575,000
Level 41
850 sqft · RM676 PSF
+21 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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The Zen
© OpenStreetMap · CARTO

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

Maps

The Zen in Timur Laut, Penang recorded 30 subsale transactions in 2024, with a median price of RM555K 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 RM555K, with most transactions falling within a stable range of RM435K to RM784K, and a typical market range of RM505K to RM605K.

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

Price per square foot shows a median of RM659, though individual units vary from RM443 to RM874 in the core range. The broader market spans RM597.43 to RM720.18, indicating diverse property characteristics. A wider spread (IQR: RM122.75) and deviation (MAD: RM215) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.