Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN JERMAL

Area Intelligence

2025

Median Price

RM 236,500

PSF: RM 280

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Residential PSF Trends

Median Price

RM 236,500

PSF: RM 280

Commercial PSF Trends

Median Price

RM 600,000

RM 442 PSF

TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2025, with a median price of RM 237K and a median price per square foot (PSF) of RM 280.

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 237K, with most transactions falling within a stable range of RM 163K to RM 310K, and a typical market range of RM 193K to RM 280K.

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

The median PSF stands at RM 280, with core pricing between RM 229 and RM 331. Market pricing typically extends from RM 241.25 to RM 318.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 51 (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

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