TAMAN BAGAN TAMBUN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 992K and a median price per square foot (PSF) of RM 620.
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 992K, with most transactions falling within a stable range of RM 942K to RM 1.04 million, and a typical market range of RM 707K to RM 1.28 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM 620, with most transactions between RM 603 and RM 637. The usual range is RM 607.00 to RM 632.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
