TAMAN BAGAN JERMAL INDAH

Area Intelligence

2022

Median Price

RM 452,500

PSF: RM 200

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Residential PSF Trends

Median Price

RM 452,500

PSF: RM 200

TAMAN BAGAN JERMAL INDAH in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 453K and a median price per square foot (PSF) of RM 200.

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 453K, with most transactions falling within a stable range of RM 380K to RM 525K, and a typical market range of RM 408K to RM 497K.

Most transactions involved town house, with minimal variety in property types.

The median PSF stands at RM 200, with core pricing between RM 168 and RM 231. Market pricing typically extends from RM 173.38 to RM 225.63, reflecting moderate variation in unit pricing. The spread of RM 52.25 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN JERMAL INDAH, Seberang Perai Utara, Penang

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