TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 675K and a median price per square foot (PSF) of RM 525.
This area contains both residential and commercial properties. View 15 residential properties or 9 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 675K, with most transactions falling within a stable range of RM 613K to RM 738K, and a typical market range of RM 619K to RM 731K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 525, with core pricing between RM 463 and RM 588. Market pricing typically extends from RM 357.63 to RM 692.38, reflecting moderate variation in unit pricing. With an IQR of RM 334.75 and MAD of RM 63, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
