Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN BARU

Area Intelligence

2025

Median Price

RM 877,500

PSF: RM 410

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Residential PSF Trends

Median Price

RM 775,000

PSF: RM 383

Commercial PSF Trends

Median Price

RM 980,000

RM 438 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2025, priced between RM 750K and RM 1.00 million, with a median price of RM 878K and a median price per square foot (PSF) of RM 410.

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 878K, with most transactions falling within a stable range of RM 775K to RM 980K, and a typical market range of RM 821K to RM 934K.

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 410, with most transactions between RM 383 and RM 438. The usual range is RM 242.98 to RM 577.73, showing that most units are priced quite close to each other. With an IQR of RM 334.75 and MAD of RM 27, 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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