TMN JERNIH

TMN 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 222K to RM 468K.

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 283.00 to RM 355.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 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.