Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN JERMAL

Area Intelligence

2023

Median Price

RM 300,000

PSF: RM 320

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 320

TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 15 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 320.

This area contains both residential and commercial properties. View 51 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 229K to RM 300K, and a typical market range of RM 256K to RM 300K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 320, with core pricing between RM 268 and RM 372. Market pricing typically extends from RM 281.25 to RM 358.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 52 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN JERMAL, Seberang Perai Utara, Penang

OSM

Track location

Transactions

8 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 180,000

Level 2

710 sqft • RM 253.00 PSF

Dec 2023

RM 300,000

Level 3

936 sqft • RM 320.00 PSF

Dec 2023

RM 140,000

Level 2

710 sqft • RM 197.00 PSF

Oct 2023

RM 300,000

Level 6

936 sqft • RM 320.00 PSF

Aug 2023

RM 295,000

Level 7

936 sqft • RM 315.00 PSF

Aug 2023

RM 300,000

Level 2

936 sqft • RM 320.00 PSF

Jul 2023

RM 300,000

Level 6

936 sqft • RM 320.00 PSF

Jun 2023

RM 143,000

Level 1

710 sqft • RM 201.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 180,000	RM 253.00	710 sqft	Dec 2023	Flat
Level 3	RM 300,000	RM 320.00	936 sqft	Dec 2023	Flat
Level 2	RM 140,000	RM 197.00	710 sqft	Oct 2023	Low-Cost Flat
Level 6	RM 300,000	RM 320.00	936 sqft	Aug 2023	Flat
Level 7	RM 295,000	RM 315.00	936 sqft	Aug 2023	Flat
Level 2	RM 300,000	RM 320.00	936 sqft	Jul 2023	Flat
Level 6	RM 300,000	RM 320.00	936 sqft	Jun 2023	Flat
Level 1	RM 143,000	RM 201.00	710 sqft	Mar 2023	Flat