TAMAN BAGAN BARU

Area Intelligence
2022
Median Price
RM 505,000
PSF: RM 294

Residential PSF Trends

Median Price

RM 505,000

PSF: RM 294

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 294.

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 355K to RM 672K, and a typical market range of RM 449K to RM 561K.

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

The median PSF stands at RM 294, with core pricing between RM 239 and RM 349. Market pricing typically extends from RM 126.49 to RM 461.24, reflecting moderate variation in unit pricing. The spread of RM 334.75 (IQR) and deviation of RM 55 (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. Moderate price stability provides a balanced market for both buyers and sellers. 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

4 transactions grouped by size

1,500 sqft
Single Storey Terraced
RM 360,000
TINGKAT BAGAN BARU 10
1,484 sqft · RM 243 PSF
RM 355,000
TINGKAT BAGAN BARU 6
1,491 sqft · RM 238 PSF
1,900 sqft
Double Storey Terraced
RM 650,000
TINGKAT BAGAN BARU 3
1,884 sqft · RM 345 PSF
2,050 sqft
Double Storey Terraced
RM 725,000
TINGKAT BAGAN BARU 18
2,034 sqft · RM 356 PSF

No Properties For Sale

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

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