Penang
Seberang Perai Utara
16
TAMAN BAGAN LALLANG

TAMAN BAGAN LALLANG

Area Intelligence

2023

Median Price

RM 778,000

PSF: RM 319

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Residential PSF Trends

Median Price

RM 778,000

PSF: RM 319

TAMAN BAGAN LALLANG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 778K and a median price per square foot (PSF) of RM 319.

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 778K, with most transactions falling within a stable range of RM 768K to RM 788K, and a typical market range of RM 768K to RM 788K.

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 319, with most transactions between RM 317 and RM 320. The usual range is RM 244.88 to RM 392.13, showing that most units are priced quite close to each other. With an IQR of RM 147.25 and MAD of RM 2, 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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