Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN AJAM

Area Intelligence

Median Price

RM 485,000

PSF: RM 347

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Residential PSF Trends

Median Price

RM 485,000

PSF: RM 347

TAMAN BAGAN AJAM in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, priced between RM 300K and RM 500K, with a median price of RM 485K and a median price per square foot (PSF) of RM 347.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 485K, with most transactions falling within a stable range of RM 450K to RM 500K, and a typical market range of RM 456K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 347, with core pricing between RM 310 and RM 383. Market pricing typically extends from RM 312.23 to RM 380.98, reflecting moderate variation in unit pricing. With an IQR of RM 68.75 and MAD of RM 37, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN AJAM, Seberang Perai Utara, Penang

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