TMN BAGAN JERMAL

TMN 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 267.

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 250K, with most transactions falling within a stable range of RM 184K to RM 316K, and a typical market range of RM 214K to RM 286K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 267, with core pricing between RM 216 and RM 317. Market pricing typically extends from RM 229.88 to RM 303.13, reflecting moderate variation in unit pricing. The spread of RM 73.25 (IQR) and deviation of RM 51 (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.