Penang
Seberang Perai Utara
16
TAMAN BAGAN LALLANG

TAMAN BAGAN LALLANG

Area Intelligence

2022

Median Price

RM 779,000

PSF: RM 300

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Residential PSF Trends

Median Price

RM 779,000

PSF: RM 300

TAMAN BAGAN LALLANG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 779K and a median price per square foot (PSF) of RM 300.

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 779K, with most transactions falling within a stable range of RM 778K to RM 780K, and a typical market range of RM 778K to RM 780K.

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 300, with most transactions between RM 286 and RM 313. The usual range is RM 225.88 to RM 373.13, showing that most units are priced quite close to each other. With an IQR of RM 147.25 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN LALLANG, Seberang Perai Utara, Penang

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