Gembira Parade
Lorong Delima 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
Lorong Delima 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
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Gembira Parade
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Lorong Delima 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
MapsGembira Parade in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 425 and 474 sqft, with a median price of RM315K and a median price per square foot (PSF) of RM665.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM665, with most transactions between RM665 and RM665. The usual range is RM602.60 to RM727.60, showing that most units are priced quite close to each other. With an IQR of RM125.00 and MAD of RM0, 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. 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.