TAMAN BAGAN BARU

Area Intelligence
2024
Median Price
RM 750,000
PSF: RM 630

Residential PSF Trends

Median Price

RM 750,000

PSF: RM 611

Commercial PSF Trends

Median Price

RM 750,000

RM 648 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 630.

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 750K, with most transactions falling within a stable range of RM 748K to RM 773K, and a typical market range of RM 748K to RM 800K.

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 630, with most transactions between RM 570 and RM 690. The usual range is RM 462.63 to RM 797.38, showing that most units are priced quite close to each other. With an IQR of RM 334.75 and MAD of RM 60, 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. 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

1,050 sqft
Double Storey Shop
RM 800,000
JALAN BAGAN LUAR
1,072 sqft · RM 746 PSF
1,150 sqft
Double Storey Shop
RM 750,000
JALAN HENG CHOON THEAN
1,157 sqft · RM 648 PSF
RM 750,000
JALAN HENG CHOON THIAN
1,159 sqft · RM 647 PSF
1,200 sqft
Double Storey Terraced
RM 748,000
TINGKAT BAGAN BARU 18
1,216 sqft · RM 615 PSF
1,250 sqft
Double Storey Terraced
RM 800,000
JALAN BAGAN BARU 1
1,270 sqft · RM 630 PSF
RM 750,000
TINGKAT BAGAN BARU 14
1,238 sqft · RM 606 PSF
1,400 sqft
Double Storey Terraced
RM 750,000
JALAN BAGAN BARU 1
1,421 sqft · RM 528 PSF

No Properties For Sale

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

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