TAMAN JERNIH

Area Intelligence

2024

Median Price

RM 563,500

PSF: RM 336

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Residential PSF Trends

Median Price

RM 563,500

PSF: RM 336

TAMAN JERNIH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, priced between RM 500K and RM 750K, with a median price of RM 564K and a median price per square foot (PSF) of RM 336.

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 564K, with most transactions falling within a stable range of RM 547K to RM 580K, and a typical market range of RM 547K to RM 580K.

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

For price per square foot, the median is RM 336, with most transactions between RM 326 and RM 345. The usual range is RM 294.08 to RM 377.08, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 10, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN JERNIH, Seberang Perai Tengah, Penang

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