Penang
Seberang Perai Utara
16
TAMAN BAGAN LALLANG

TAMAN BAGAN LALLANG

Area Intelligence

2023

Median Price

RM 510,000

PSF: RM 353

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 353

TAMAN BAGAN LALLANG in Seberang Perai Utara, Penang recorded 19 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 353.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 510K, with most transactions falling within a stable range of RM 449K to RM 450K, and a typical market range of RM 311K to RM 450K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 353, with most transactions between RM 327 and RM 379. The usual range is RM 279.38 to RM 426.63, showing that most units are priced quite close to each other. With an IQR of RM 147.25 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

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 LALLANG, Seberang Perai Utara, Penang

OSM

Track location

Transactions

9 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 245,000

Level 2

850 sqft • RM 288.00 PSF

Jul 2023

RM 258,000

Level 3

850 sqft • RM 303.00 PSF

Jul 2023

RM 260,000

Level 3

850 sqft • RM 306.00 PSF

Jul 2023

RM 260,000

Level 5

850 sqft • RM 306.00 PSF

May 2023

RM 300,000

Level 3

850 sqft • RM 353.00 PSF

Apr 2023

RM 250,000

Level 4

850 sqft • RM 294.00 PSF

Apr 2023

RM 450,000

LORONG TEMBUSU 1

1,270 sqft • RM 354.00 PSF

Mar 2023

RM 250,000

Level 4

850 sqft • RM 294.00 PSF

Jan 2023

RM 300,000

Level 4

850 sqft • RM 353.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 245,000	RM 288.00	850 sqft	Jul 2023	Condo/Apartment
Level 3	RM 258,000	RM 303.00	850 sqft	Jul 2023	Condo/Apartment
Level 3	RM 260,000	RM 306.00	850 sqft	Jul 2023	Condo/Apartment
Level 5	RM 260,000	RM 306.00	850 sqft	May 2023	Condo/Apartment
Level 3	RM 300,000	RM 353.00	850 sqft	Apr 2023	Condo/Apartment
Level 4	RM 250,000	RM 294.00	850 sqft	Apr 2023	Condo/Apartment
LORONG TEMBUSU 1	RM 450,000	RM 354.00	1,270 sqft	Mar 2023	Single Storey Terraced
Level 4	RM 250,000	RM 294.00	850 sqft	Jan 2023	Condo/Apartment
Level 4	RM 300,000	RM 353.00	850 sqft	Jan 2023	Condo/Apartment