Penang
Timur Laut
13
TAMAN JERJAK INDAH

TAMAN JERJAK INDAH

Area Intelligence

2023

Median Price

RM 1,240,000

PSF: RM 554

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Residential PSF Trends

Median Price

RM 1,240,000

PSF: RM 554

TAMAN JERJAK INDAH in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.24 million and a median price per square foot (PSF) of RM 554.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.24 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.28 million, and a typical market range of RM 1.20 million to RM 1.28 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 554, with most transactions between RM 536 and RM 572. The usual range is RM 455.00 to RM 653.00, showing that most units are priced quite close to each other. With an IQR of RM 198.00 and MAD of RM 18, 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 JERJAK INDAH, Timur Laut, Penang

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