TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 298.
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 360K, with most transactions falling within a stable range of RM 298K to RM 423K, and a typical market range of RM 304K to RM 416K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 298, though individual units vary from RM 236 to RM 361 in the core range. The broader market spans RM 130.63 to RM 465.38, indicating diverse property characteristics. The spread of RM 334.75 (IQR) and deviation of RM 63 (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.
