Penang
Seberang Perai Utara
16
TAMAN BAGAN LALLANG

TAMAN BAGAN LALLANG

Area Intelligence

2024

Median Price

RM 315,000

PSF: RM 354

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Residential PSF Trends

Median Price

RM 315,000

PSF: RM 354

TAMAN BAGAN LALLANG in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 354.

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 315K, with most transactions falling within a stable range of RM 675K to RM 351K, and a typical market range of RM 675K to RM 515K.

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 354, with most transactions between RM 319 and RM 389. The usual range is RM 279.88 to RM 427.13, showing that most units are priced quite close to each other. With an IQR of RM 147.25 and MAD of RM 35, 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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