Penang
Seberang Perai Utara
16
TAMAN BAGAN LALLANG

TAMAN BAGAN LALLANG

Area Intelligence

2024

Median Price

RM 711,000

PSF: RM 553

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Residential PSF Trends

Median Price

RM 711,000

PSF: RM 553

TAMAN BAGAN LALLANG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 711K and a median price per square foot (PSF) of RM 553.

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 711K, with most transactions falling within a stable range of RM 675K to RM 747K, and a typical market range of RM 675K to RM 747K.

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 553, with most transactions between RM 518 and RM 588. The usual range is RM 479.38 to RM 626.63, 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. 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

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