TAMAN BAGAN BARU

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 675K and a median price per square foot (PSF) of RM 373.

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 675K, with most transactions falling within a stable range of RM 629K to RM 721K, and a typical market range of RM 619K to RM 731K.

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 373, though individual units vary from RM 289 to RM 458 in the core range. The broader market spans RM 205.89 to RM 540.65, indicating diverse property characteristics. The spread of RM 334.75 (IQR) and deviation of RM 85 (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.