TAMAN BAGAN BARU

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 675K and a median price per square foot (PSF) of RM 525.

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 524K to RM 826K, 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 525, though individual units vary from RM 346 to RM 704 in the core range. The broader market spans RM 357.63 to RM 692.38, indicating diverse property characteristics. A wider spread (IQR: RM 334.75) and deviation (MAD: RM 179) 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.