Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN JERMAL

Area Intelligence

2022

Median Price

RM 249,500

PSF: RM 267

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Residential PSF Trends

Median Price

RM 249,500

PSF: RM 267

Commercial PSF Trends

Median Price

RM 600,000

RM 442 PSF

TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 14 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 267.

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 250K, with most transactions falling within a stable range of RM 180K to RM 319K, and a typical market range of RM 206K to RM 293K.

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

Price per square foot shows a median of RM 267, though individual units vary from RM 213 to RM 320 in the core range. The broader market spans RM 227.75 to RM 305.25, indicating diverse property characteristics. The spread of RM 77.50 (IQR) and deviation of RM 54 (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.

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TAMAN BAGAN JERMAL, Seberang Perai Utara, Penang

OSM

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Transactions

14 transactions grouped by size

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

Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 160,000

Level 2

710 sqft · RM 225 PSF

Dec 2022

RM 156,000

Level 2

710 sqft · RM 220 PSF

Jul 2022

RM 175,000

Level 3

700 sqft · RM 250 PSF

May 2022

RM 145,000

Level 2

710 sqft · RM 204 PSF

May 2022

RM 150,000

Level 1

710 sqft · RM 211 PSF

Feb 2022

Level 2	RM 160,000	RM 225	710 sqft	Dec 2022
Level 2	RM 156,000	RM 220	710 sqft	Jul 2022
Level 3	RM 175,000	RM 250	700 sqft	May 2022
Level 2	RM 145,000	RM 204	710 sqft	May 2022
Level 1	RM 150,000	RM 211	710 sqft	Feb 2022

950 sqft

Flat

950 sqft

Flat

RM 290,000

Level 7

936 sqft · RM 310 PSF

Nov 2022

RM 300,000

Level 4

936 sqft · RM 320 PSF

Jul 2022

RM 380,000

Level 1

936 sqft · RM 406 PSF

May 2022

RM 250,000

Level 9

936 sqft · RM 267 PSF

May 2022

RM 300,000

Level 9

936 sqft · RM 320 PSF

Apr 2022

RM 300,000

Level 8

936 sqft · RM 320 PSF

Mar 2022

Level 7	RM 290,000	RM 310	936 sqft	Nov 2022
Level 4	RM 300,000	RM 320	936 sqft	Jul 2022
Level 1	RM 380,000	RM 406	936 sqft	May 2022
Level 9	RM 250,000	RM 267	936 sqft	May 2022
Level 9	RM 300,000	RM 320	936 sqft	Apr 2022
Level 8	RM 300,000	RM 320	936 sqft	Mar 2022