TAMAN BAGAN BARU

Area Intelligence
2024
Median Price
RM 750,000
PSF: RM 412

Residential PSF Trends

Median Price

RM 750,000

PSF: RM 611

Commercial PSF Trends

Median Price

RM 750,000

RM 648 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 412.

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 750K, with most transactions falling within a stable range of RM 750K to RM 774K, and a typical market range of RM 750K to RM 800K.

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

The median PSF stands at RM 412, with core pricing between RM 342 and RM 482. Market pricing typically extends from RM 244.92 to RM 579.67, reflecting moderate variation in unit pricing. The spread of RM 334.75 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.

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

6 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 800,000
JALAN BAGAN BARU 1
1,367 sqft · RM 585 PSF
1,800 sqft
RM 750,000
JALAN HENG CHOON THEAN
1,808 sqft · RM 415 PSF
RM 750,000
JALAN HENG CHOON THIAN
1,808 sqft · RM 415 PSF
RM 750,000
JALAN BAGAN BARU 1
1,819 sqft · RM 412 PSF
2,000 sqft
Double Storey Shop
RM 800,000
JALAN BAGAN LUAR
2,002 sqft · RM 400 PSF
2,050 sqft
Double Storey Terraced
RM 750,000
TINGKAT BAGAN BARU 14
2,034 sqft · RM 369 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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