TAMAN BAGAN JERMAL

Area Intelligence
15 subsale transactions
2023
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Median Price
RM 300,000
PSF: RM 320

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 320

Commercial PSF Trends

Median Price

RM 600,000

RM 442 PSF

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 49 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 228K to RM 370K, and a typical market range of RM 255K to RM 345K.

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

The median PSF stands at RM 320, with core pricing between RM 263 and RM 377. Market pricing typically extends from RM 281.50 to RM 358.50, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 57 (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

Transactions

15 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
700 sqft
RM 180,000
Flat Level 2
710 sqft · RM 253.00 PSF
Dec 2023
RM 140,000
Low-Cost Flat Level 2
710 sqft · RM 197.00 PSF
Oct 2023
RM 143,000
Flat Level 1
710 sqft · RM 201.00 PSF
Mar 2023
950 sqft
Flat
RM 300,000
Level 3
936 sqft · RM 320.00 PSF
Dec 2023
RM 350,000
Level 4
936 sqft · RM 374.00 PSF
Nov 2023
RM 350,000
Level 5
936 sqft · RM 374.00 PSF
Oct 2023
RM 315,000
Level 6
936 sqft · RM 336.00 PSF
Sep 2023
RM 320,000
Level 3
936 sqft · RM 342.00 PSF
Aug 2023
RM 300,000
Level 6
936 sqft · RM 320.00 PSF
Aug 2023
1,000 sqft
Flat
RM 330,000
Level 5
1,001 sqft · RM 330.00 PSF
May 2023
1,600 sqft
Double Storey Terraced
RM 370,000
LORONG MATAHARI
1,580 sqft · RM 234.00 PSF
Dec 2023