Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN BARU

Area Intelligence

Median Price

RM 712,500

PSF: RM 589

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Residential PSF Trends

Median Price

RM 725,000

PSF: RM 525

Commercial PSF Trends

Median Price

RM 700,000

RM 606 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 713K and a median price per square foot (PSF) of RM 589.

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 713K, with most transactions falling within a stable range of RM 691K to RM 410K, and a typical market range of RM 656K to RM 410K.

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 589, with most transactions between RM 553 and RM 625. The usual range is RM 421.63 to RM 756.38, showing that most units are priced quite close to each other. With an IQR of RM 334.75 and MAD of RM 36, 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN BAGAN BARU, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

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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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Double Storey Terraced

1,200 sqft

Double Storey Terraced

RM 360,000

TKT BAGAN BARU 2

1,209 sqft · RM 298 PSF

Nov 2021

TKT BAGAN BARU 2

RM 360,000

RM 298

1,209 sqft

Nov 2021

1,500 sqft

Single Storey Terraced

1,500 sqft

Single Storey Terraced

RM 410,000

TINGKAT BAGAN BARU 1

1,479 sqft · RM 277 PSF

Jan 2023

RM 360,000

TINGKAT BAGAN BARU 10

1,484 sqft · RM 243 PSF

Apr 2022

RM 355,000

TINGKAT BAGAN BARU 6

1,491 sqft · RM 238 PSF

Jan 2022

TINGKAT BAGAN BARU 1	RM 410,000	RM 277	1,479 sqft	Jan 2023
TINGKAT BAGAN BARU 10	RM 360,000	RM 243	1,484 sqft	Apr 2022
TINGKAT BAGAN BARU 6	RM 355,000	RM 238	1,491 sqft	Jan 2022