TAMAN BAGAN TAMBUN

Area Intelligence
2022
Median Price
RM 705,000
PSF: RM 252

Residential PSF Trends

Median Price

RM 705,000

PSF: RM 252

Commercial PSF Trends

Median Price

RM 1,430,000

RM 885 PSF

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.

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TAMAN BAGAN TAMBUN, Seberang Perai Selatan, Penang

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Transactions

4 transactions grouped by size

2,650 sqft
Double Storey Semi-D
RM 680,000
LORONG BAGAN TAMBUN 2
2,626 sqft · RM 259 PSF
RM 654,000
LORONG BAGAN TAMBUN 2
2,626 sqft · RM 249 PSF
2,850 sqft
Double Storey Semi-D
RM 730,000
LORONG BAGAN TAMBUN 1
2,874 sqft · RM 254 PSF
10,450 sqft
Bungalow
RM 1,600,000
LORONG BAGAN TAMBUN 1
10,430 sqft · RM 153 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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