TAMAN JERNIH

TAMAN JERNIH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 273K and a median price per square foot (PSF) of RM 397.

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 273K, with most transactions falling within a stable range of RM 106K to RM 440K, and a typical market range of RM 145K to RM 400K.

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

For price per square foot, the median is RM 397, with most transactions between RM 358 and RM 436. The usual range is RM 355.00 to RM 438.00, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 39, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.