Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN BARU

Area Intelligence

2022

Median Price

RM 505,000

PSF: RM 320

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Residential PSF Trends

Median Price

RM 505,000

PSF: RM 320

Commercial PSF Trends

Median Price

RM 700,000

RM 606 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 505K and a median price per square foot (PSF) of RM 320.

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 505K, with most transactions falling within a stable range of RM 503K to RM 360K, and a typical market range of RM 449K to RM 360K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 320, with most transactions between RM 317 and RM 322. The usual range is RM 152.13 to RM 486.88, showing that most units are priced quite close to each other. With an IQR of RM 334.75 and MAD of RM 3, 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.

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TAMAN BAGAN BARU, Seberang Perai Utara, Penang

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Transactions

2 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 360,000

TINGKAT BAGAN BARU 10

1,484 sqft • RM 243.00 PSF

Apr 2022

RM 355,000

TINGKAT BAGAN BARU 6

1,491 sqft • RM 238.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
TINGKAT BAGAN BARU 10	RM 360,000	RM 243.00	1,484 sqft	Apr 2022	Single Storey Terraced
TINGKAT BAGAN BARU 6	RM 355,000	RM 238.00	1,491 sqft	Jan 2022	Single Storey Terraced