TAMAN BAGAN BARU

Area Intelligence
2023
Median Price
RM 662,500
PSF: RM 356

Residential PSF Trends

Median Price

RM 625,000

PSF: RM 388

Commercial PSF Trends

Median Price

RM 675,000

RM 356 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 663K and a median price per square foot (PSF) of RM 356.

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 663K, with most transactions falling within a stable range of RM 528K to RM 750K, and a typical market range of RM 606K to RM 719K.

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 356, though individual units vary from RM 251 to RM 461 in the core range. The broader market spans RM 188.62 to RM 523.37, indicating diverse property characteristics. A wider spread (IQR: RM 334.75) and deviation (MAD: RM 105) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Property Transactions

8 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 750,000
TKT BAGAN BARU 1
1,367 sqft · RM 549 PSF
RM 650,000
TINGKAT BAGAN BARU 20
1,367 sqft · RM 475 PSF
1,500 sqft
Single Storey Terraced
RM 410,000
TINGKAT BAGAN BARU 1
1,479 sqft · RM 277 PSF
1,800 sqft
Double Storey Shop
RM 350,000
JALAN HENG CHOON THIAN
1,808 sqft · RM 194 PSF
RM 675,000
JALAN HENG CHOON THEAN
1,808 sqft · RM 373 PSF
RM 675,000
JALAN HENG CHOON THEAN
1,808 sqft · RM 373 PSF
2,000 sqft
Single Storey Terraced
RM 600,000
TINGKAT BAGAN BARU 1
2,002 sqft · RM 300 PSF
2,050 sqft
Double Storey Shop
RM 700,000
TINGKAT BAGAN BARU 4
2,067 sqft · RM 339 PSF

No Properties For Sale

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

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