Gems residence
Asked 3 Nov 2026 · 1 answer
AI Answer · Live market data
Reported from-price
RM 400,000
GEM Residences @ Prai, Penang
Press-reported from-price; no official price list — verify with developer
I couldn't find a reliable price for a project called "Gems residence" in the search results provided. The closest match is "GEM Residences @ Prai" in Penang, which is listed at "from RM400,000" — but this is a press-reported from-price, with nothing official behind it [2]. If that's the project you mean, treat RM400,000 as an entry-level asking figure only, not a confirmed transaction price.
Some of the other search results mention "Gems" but they refer to unrelated companies (an IT firm in Nigeria and an engineering consultancy in India), so they contain no property pricing data [5][6].
For broader context on the Malaysian market, 1H 2026 saw RM105.12 billion in total property transactions, with the residential subsector making up 59.3% of volume (110,998 transactions) and 44.8% of value (RM47.11 billion) [1]. Note also that 33,094 completed but unsold residential units were recorded [1] — useful leverage when negotiating.
If you can confirm the exact project name and location (e.g. Prai, Penang vs. another state), I can help you narrow down asking prices, psf and rental comparisons. As a general rule, compare advertised asking prices against completed transactions in the same building, since asking prices reflect seller hopes rather than agreed prices [3].
I'm Nogaraju Guru Moorthy, based in Selangor — happy to assist further once we pin down the right project.
Sources:
[1] BernamaBiz - Malaysia Property Market Remains Resilient With... · [2] Published Price Ranges | 80 of 174 Publish One · [3] Malaysia Property Insights | PropMedian
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