TAMAN JERNIH

Area Intelligence

2023

Median Price

RM 345,000

PSF: RM 319

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Residential PSF Trends

Median Price

RM 345,000

PSF: RM 319

TAMAN JERNIH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 345K and a median price per square foot (PSF) of RM 319.

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 345K, with most transactions falling within a stable range of RM 337K to RM 200K, and a typical market range of RM 218K to RM 200K.

Most transactions involved cluster house, with moderate diversity in property types available.

For price per square foot, the median is RM 319, with most transactions between RM 302 and RM 336. The usual range is RM 277.50 to RM 360.50, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN JERNIH, Seberang Perai Tengah, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 200,000

LORONG JERNIH 2

657 sqft • RM 305.00 PSF

Aug 2023

RM 190,000

LORONG JERNIH 2

603 sqft • RM 315.00 PSF

Feb 2023

RM 180,000

LORONG JERNIH 1

657 sqft • RM 274.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
LORONG JERNIH 2	RM 200,000	RM 305.00	657 sqft	Aug 2023	Cluster House
LORONG JERNIH 2	RM 190,000	RM 315.00	603 sqft	Feb 2023	Cluster House
LORONG JERNIH 1	RM 180,000	RM 274.00	657 sqft	Jan 2023	Cluster House