TAMAN BAGAN BARU

Area Intelligence
9 subsale transactions
Double Storey Shop
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Median Price
RM 700,000
PSF: RM 606

Residential PSF Trends

Median Price

RM 725,000

PSF: RM 525

Commercial PSF Trends

Median Price

RM 700,000

RM 606 PSF

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 9 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 700K and a median price per square foot (PSF) of RM 606.

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 700K, with most transactions falling within a stable range of RM 545K to RM 855K, and a typical market range of RM 644K to RM 756K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 606, though individual units vary from RM 459 to RM 753 in the core range. The broader market spans RM 438.63 to RM 773.38, indicating diverse property characteristics. The spread of RM 334.75 (IQR) and deviation of RM 147 (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

OSM

Transactions

9 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,050 sqft
Double Storey Shop
RM 800,000
JALAN BAGAN LUAR
1,072 sqft · RM 746.00 PSF
Aug 2024
1,150 sqft
Double Storey Shop
RM 690,000
JALAN BAGAN BARU 3
1,164 sqft · RM 593.00 PSF
May 2025
RM 750,000
JALAN HENG CHOON THEAN
1,157 sqft · RM 648.00 PSF
Jul 2024
RM 750,000
JALAN HENG CHOON THIAN
1,159 sqft · RM 647.00 PSF
Jul 2024
RM 700,000
TINGKAT BAGAN BARU 4
1,155 sqft · RM 606.00 PSF
Nov 2023
RM 675,000
JALAN HENG CHOON THEAN
1,154 sqft · RM 585.00 PSF
Oct 2023
RM 675,000
JALAN HENG CHOON THEAN
1,155 sqft · RM 584.00 PSF
Oct 2023
1,450 sqft
Double Storey Shop
RM 980,000
JALAN HENG CHOON THIAN
1,461 sqft · RM 671.00 PSF
Mar 2025
1,800 sqft
Double Storey Shop
RM 350,000
JALAN HENG CHOON THIAN
1,816 sqft · RM 193.00 PSF
Dec 2023