Taman Bagan Ajam

Taman Bagan Ajam in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 272.

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 490K, with most transactions falling within a stable range of RM 410K to RM 751K, and a typical market range of RM 461K to RM 519K.

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

The median PSF stands at RM 272, with core pricing between RM 228 and RM 316. Market pricing typically extends from RM 237.70 to RM 306.45, reflecting moderate variation in unit pricing. The spread of RM 68.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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.