TAMAN BAGAN TAMBUN

Area Intelligence
2023
Median Price
RM 725,000
PSF: RM 276

Residential PSF Trends

Median Price

RM 702,500

PSF: RM 268

Commercial PSF Trends

Median Price

RM 1,610,000

RM 809 PSF

TAMAN BAGAN TAMBUN in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 725K and a median price per square foot (PSF) of RM 276.

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 725K, with most transactions falling within a stable range of RM 680K to RM 1.15 million, and a typical market range of RM 680K to RM 1.01 million.

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

Price per square foot shows a median of RM 276, though individual units vary from RM 21 to RM 531 in the core range. The broader market spans RM 263.50 to RM 288.50, indicating diverse property characteristics. A wider spread (IQR: RM 25.00) and deviation (MAD: RM 255) indicate significant PSF variations, likely due to diverse property types or conditions.

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

3 transactions grouped by size

2,000 sqft
3-Storey Shop
RM 1,610,000
LORONG BAGAN TAMBUN
1,991 sqft · RM 809 PSF
2,650 sqft
Double Storey Semi-D
RM 725,000
LORONG BAGAN TAMBUN 2
2,626 sqft · RM 276 PSF
RM 680,000
LORONG BAGAN TAMBUN 1
2,626 sqft · RM 259 PSF

No Properties For Sale

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

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