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.

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 252, with most transactions between RM 252 and RM 252. The usual range is RM 239.00 to RM 264.00, 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 0 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.

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TAMAN BAGAN TAMBUN, Seberang Perai Selatan, Penang

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