Taman Bagan Jermal
Kampung Gajah, 12300 Butterworth, Penang, Malaysia
Kampung Gajah, 12300 Butterworth, Penang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 163,000
|
RM 229
|
710 sqft
|
|
|
|
Level 2
|
RM 140,000
|
RM 197
|
710 sqft
|
|
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Market Snapshot
ResidentialRM 151,500
RM 213 psfMedian transaction price
Taman Bagan Jermal, Kampung Gajah, 12300 Butterworth, Penang, Malaysia
MapsTaman Bagan Jermal in Seberang Perai Utara, Penang recorded 2 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 152K and a median price per square foot (PSF) of RM 213.
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 152K, with most transactions falling within a stable range of RM 140K to RM 163K, and a typical market range of RM 140K to RM 163K.
Within the Low-Cost Flat category, flats dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 213, with most transactions between RM 197 and RM 229. The usual range is RM 174.50 to RM 252.00, showing that most units are priced quite close to each other. With an IQR of RM 77.50 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
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.