TAMAN BAGAN JERMAL

Area Intelligence
2024
Median Price
RM 580,000
PSF: RM 428

Residential PSF Trends

Median Price

RM 345,000

PSF: RM 341

Commercial PSF Trends

Median Price

RM 600,000

RM 442 PSF

TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 580K and a median price per square foot (PSF) of RM 428.

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 580K, with most transactions falling within a stable range of RM 458K to RM 600K, and a typical market range of RM 536K to RM 600K.

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

The median PSF stands at RM 428, with core pricing between RM 380 and RM 476. Market pricing typically extends from RM 389.25 to RM 466.75, reflecting moderate variation in unit pricing. With an IQR of RM 77.50 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN JERMAL, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

1,000 sqft
Flat
RM 340,000
Level 9
1,023 sqft · RM 332 PSF
RM 350,000
Level 4
1,001 sqft · RM 350 PSF
1,350 sqft
Shop/Retail Lot
RM 600,000
Level G
1,356 sqft · RM 442 PSF
RM 580,000
Level G
1,356 sqft · RM 428 PSF
RM 600,000
Level G
1,356 sqft · RM 442 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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