TMN BAGAN JERMAL

TMN 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 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 300K, with most transactions falling within a stable range of RM 228K to RM 370K, and a typical market range of RM 264K to RM 336K.

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

The median PSF stands at RM 320, with core pricing between RM 263 and RM 377. Market pricing typically extends from RM 283.38 to RM 356.63, reflecting moderate variation in unit pricing. The spread of RM 73.25 (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.