Penang
Seberang Perai Utara
16
TAMAN BAGAN LALLANG

TAMAN BAGAN LALLANG

Area Intelligence

2021

Median Price

RM 250,000

PSF: RM 294

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 294

TAMAN BAGAN LALLANG in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 294.

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 250K, with most transactions falling within a stable range of RM 555K to RM 298K, and a typical market range of RM 555K to RM 450K.

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

The median PSF stands at RM 294, with core pricing between RM 258 and RM 331. Market pricing typically extends from RM 220.38 to RM 367.63, reflecting moderate variation in unit pricing. With an IQR of RM 147.25 and MAD of RM 37, 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. 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 LALLANG, Seberang Perai Utara, Penang

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