Taman Bagan Tambun

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.

For price per square foot, the median is RM 276, with most transactions between RM 250 and RM 302. The usual range is RM 263.54 to RM 288.54, 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 26 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.