TAMAN BAGAN JERMAL in Seberang Perai Utara, Penang recorded 15 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 320.
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 300K, with most transactions falling within a stable range of RM 228K to RM 370K, and a typical market range of RM 256K to RM 344K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 320, with core pricing between RM 263 and RM 377. Market pricing typically extends from RM 281.25 to RM 358.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 57 (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.
