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 655K to RM 755K, and a typical market range of RM 420K to RM 990K.
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 235 and RM 269. 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 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.
