TAMAN JERNIH

Area Intelligence
2023
Median Price
RM 345,000
PSF: RM 319

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 190K to RM 500K, and a typical market range of RM 218K to RM 473K.

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 298 and RM 340. 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 21, 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.

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TAMAN JERNIH, Seberang Perai Tengah, Penang

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Transactions

6 transactions grouped by size

600 sqft
Cluster House
RM 190,000
LORONG JERNIH 2
603 sqft · RM 315 PSF
650 sqft
Cluster House
RM 200,000
LORONG JERNIH 2
657 sqft · RM 305 PSF
RM 180,000
LORONG JERNIH 1
657 sqft · RM 274 PSF
1,500 sqft
Double Storey Terraced
RM 490,000
LORONG JERNIH 5
1,518 sqft · RM 323 PSF
RM 490,000
LORONG JERNIH 4
1,518 sqft · RM 323 PSF
RM 520,000
LORONG JERNIH 3
1,518 sqft · RM 343 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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