TAMAN BAGAN TAMBUN

TAMAN BAGAN TAMBUN in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 705K and a median price per square foot (PSF) of RM 252.

This area contains both residential and commercial properties. View 7 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 705K, with most transactions falling within a stable range of RM 654K to RM 1.10 million, and a typical market range of RM 654K to RM 990K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 252, with core pricing between RM 208 and RM 295. Market pricing typically extends from RM 239.00 to RM 264.00, reflecting moderate variation in unit pricing. The spread of RM 25.00 (IQR) and deviation of RM 44 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.