Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN

Area Intelligence

2023

Median Price

RM 112,000

PSF: RM 217

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Residential PSF Trends

Median Price

RM 112,000

PSF: RM 217

Commercial PSF Trends

Median Price

RM 1,420,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2023, with a median price of RM 112K and a median price per square foot (PSF) of RM 217.

This area contains both residential and commercial properties. View 98 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 112K, with most transactions falling within a stable range of RM 95K to RM 129K, and a typical market range of RM 80K to RM 140K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

The median PSF stands at RM 217, with core pricing between RM 185 and RM 249. Market pricing typically extends from RM 101.50 to RM 332.50, reflecting moderate variation in unit pricing. With an IQR of RM 231.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN, Seberang Perai Utara, Penang

OSM

Track location

Transactions

11 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 95,000

Level 2

517 sqft • RM 184.00 PSF

Dec 2023

RM 140,000

Level 2

517 sqft • RM 271.00 PSF

Dec 2023

RM 100,000

Level 2

517 sqft • RM 194.00 PSF

Sep 2023

RM 110,000

Level 4

517 sqft • RM 213.00 PSF

Sep 2023

RM 128,000

Level G

517 sqft • RM 248.00 PSF

Sep 2023

RM 120,000

Level 2

506 sqft • RM 237.00 PSF

Jul 2023

RM 112,000

Level 1

517 sqft • RM 217.00 PSF

Jul 2023

RM 128,000

Level 1

517 sqft • RM 248.00 PSF

Jul 2023

RM 118,000

Level 1

517 sqft • RM 228.00 PSF

Jan 2023

RM 80,000

Level 3

517 sqft • RM 155.00 PSF

Jan 2023

RM 98,000

Level 3

517 sqft • RM 190.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 95,000	RM 184.00	517 sqft	Dec 2023	Low-Cost Flat
Level 2	RM 140,000	RM 271.00	517 sqft	Dec 2023	Low-Cost Flat
Level 2	RM 100,000	RM 194.00	517 sqft	Sep 2023	Low-Cost Flat
Level 4	RM 110,000	RM 213.00	517 sqft	Sep 2023	Low-Cost Flat
Level G	RM 128,000	RM 248.00	517 sqft	Sep 2023	Low-Cost Flat
Level 2	RM 120,000	RM 237.00	506 sqft	Jul 2023	Low-Cost Flat
Level 1	RM 112,000	RM 217.00	517 sqft	Jul 2023	Low-Cost Flat
Level 1	RM 128,000	RM 248.00	517 sqft	Jul 2023	Low-Cost Flat
Level 1	RM 118,000	RM 228.00	517 sqft	Jan 2023	Low-Cost Flat
Level 3	RM 80,000	RM 155.00	517 sqft	Jan 2023	Low-Cost Flat
Level 3	RM 98,000	RM 190.00	517 sqft	Jan 2023	Low-Cost Flat