Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN JERMAL

Area Intelligence

2023

Median Price

RM 350,000

PSF: RM 282

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 282

Commercial PSF Trends

Median Price

RM 600,000

RM 442 PSF

TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 282.

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 350K, with most transactions falling within a stable range of RM 330K to RM 370K, and a typical market range of RM 330K to RM 370K.

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

The median PSF stands at RM 282, with core pricing between RM 234 and RM 330. Market pricing typically extends from RM 243.25 to RM 320.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 48 (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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