TAMAN HJ AHMAD JAMIL in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 344K and a median price per square foot (PSF) of RM 235.
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 344K, with most transactions falling within a stable range of RM 290K to RM 387K, and a typical market range of RM 261K to RM 387K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 235, with core pricing between RM 193 and RM 276. Market pricing typically extends from RM 179.25 to RM 289.75, reflecting moderate variation in unit pricing. The spread of RM 110.50 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
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.
