TAMAN BAGAN JERMAL

Area Intelligence
2021
Median Price
RM 282,500
PSF: RM 289

Residential PSF Trends

Median Price

RM 282,500

PSF: RM 289

TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 10 subsale transactions in 2021, with a median price of RM 283K and a median price per square foot (PSF) of RM 289.

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 283K, with most transactions falling within a stable range of RM 234K to RM 332K, and a typical market range of RM 239K to RM 326K.

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

The median PSF stands at RM 289, with core pricing between RM 243 and RM 336. Market pricing typically extends from RM 250.25 to RM 327.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 47 (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

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