TAMAN JERJAK INDAH

TAMAN JERJAK INDAH in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 504.

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 950K, with most transactions falling within a stable range of RM 840K to RM 1.10 million, and a typical market range of RM 845K to RM 1.06 million.

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

The median PSF stands at RM 504, with core pricing between RM 413 and RM 595. Market pricing typically extends from RM 405.00 to RM 603.00, reflecting moderate variation in unit pricing. The spread of RM 198.00 (IQR) and deviation of RM 91 (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. 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.