Taman Bagan Jermal

Kampung Gajah, 12300 Butterworth, Penang, Malaysia

Property Transactions

16 subsales grouped by size · Flat →

Median
RM 250,000
PSF
RM 266
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM 160,000
Level 2
710 sqft · RM 225 PSF
RM 156,000
Level 2
710 sqft · RM 220 PSF
RM 175,000
Level 3
700 sqft · RM 250 PSF
RM 145,000
Level 2
710 sqft · RM 204 PSF
RM 150,000
Level 1
710 sqft · RM 211 PSF
950 sqft
Flat
RM 290,000
Level 7
936 sqft · RM 310 PSF
RM 300,000
Level 4
936 sqft · RM 320 PSF
RM 380,000
Level 1
936 sqft · RM 406 PSF
RM 250,000
Level 9
936 sqft · RM 267 PSF
RM 300,000
Level 9
936 sqft · RM 320 PSF
RM 300,000
Level 8
936 sqft · RM 320 PSF
1,000 sqft
Flat
RM 285,000
Level 5
1,023 sqft · RM 279 PSF
RM 250,000
Level 10
1,023 sqft · RM 244 PSF
16
transactions

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Market Snapshot

Residential

RM 250,000

RM 266 psf

Median transaction price

Taman Bagan Jermal
© OpenStreetMap · CARTO

Taman Bagan Jermal, Kampung Gajah, 12300 Butterworth, Penang, Malaysia

Maps

Taman Bagan Jermal in Seberang Perai Utara, Penang recorded 16 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 266.

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 250K, with most transactions falling within a stable range of RM 184K to RM 316K, and a typical market range of RM 206K to RM 294K.

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

The median PSF stands at RM 266, with core pricing between RM 216 and RM 317. Market pricing typically extends from RM 227.68 to RM 305.18, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.

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.