TAMAN BAGAN BARU

Area Intelligence
2023
Median Price
RM 675,000
PSF: RM 584

Residential PSF Trends

Median Price

RM 650,000

PSF: RM 525

Commercial PSF Trends

Median Price

RM 675,000

RM 585 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2023, with a median price of RM 675K and a median price per square foot (PSF) of RM 584.

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 511K to RM 839K, 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 584, though individual units vary from RM 410 to RM 758 in the core range. The broader market spans RM 416.63 to RM 751.38, indicating diverse property characteristics. A wider spread (IQR: RM 334.75) and deviation (MAD: RM 174) 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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Transactions

7 transactions grouped by size

1,150 sqft
Double Storey Shop
RM 700,000
TINGKAT BAGAN BARU 4
1,155 sqft · RM 606 PSF
RM 675,000
JALAN HENG CHOON THEAN
1,154 sqft · RM 585 PSF
RM 675,000
JALAN HENG CHOON THEAN
1,155 sqft · RM 584 PSF
1,200 sqft
Double Storey Terraced
RM 860,000
TINGKAT BAGAN BARU 18
1,216 sqft · RM 707 PSF
1,250 sqft
Double Storey Terraced
RM 650,000
TINGKAT BAGAN BARU 20
1,238 sqft · RM 525 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
1,816 sqft · RM 193 PSF

No Properties For Sale

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

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