Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN JERMAL

Area Intelligence

2021

Median Price

RM 289,000

PSF: RM 289

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Residential PSF Trends

Median Price

RM 289,000

PSF: RM 289

Commercial PSF Trends

Median Price

RM 600,000

RM 442 PSF

TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 289K and a median price per square foot (PSF) of RM 289.

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 289K, with most transactions falling within a stable range of RM 288K to RM 290K, and a typical market range of RM 288K to RM 290K.

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

For price per square foot, the median is RM 289, with most transactions between RM 288 and RM 290. The usual range is RM 250.25 to RM 327.75, showing that most units are priced quite close to each other. With an IQR of RM 77.50 and MAD of RM 1, 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. 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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