TAMAN BAGAN

Area Intelligence
2023
Median Price
RM 402,500
PSF: RM 298

Residential PSF Trends

Median Price

RM 402,500

PSF: RM 298

Commercial PSF Trends

Median Price

RM 1,420,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 24 subsale transactions in 2023, with a median price of RM 403K and a median price per square foot (PSF) of RM 298.

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 403K, with most transactions falling within a stable range of RM 640K to RM 521K, and a typical market range of RM 640K to RM 678K.

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

Price per square foot shows a median of RM 298, though individual units vary from RM 227 to RM 369 in the core range. The broader market spans RM 182.50 to RM 413.50, indicating diverse property characteristics. The spread of RM 231.00 (IQR) and deviation of RM 71 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN BAGAN, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 680,000
JALAN BAGAN 39
1,320 sqft · RM 515 PSF
RM 640,000
JALAN BAGAN 63
1,300 sqft · RM 492 PSF
1,350 sqft
Double Storey Terraced
RM 690,000
JALAN BAGAN 61
1,344 sqft · RM 513 PSF
1,700 sqft
Double Storey Terraced
RM 850,000
JALAN BAGAN 43
1,700 sqft · RM 500 PSF
2,900 sqft
Double Storey Semi-D
RM 950,000
JALAN BAGAN 4
2,880 sqft · RM 330 PSF

No Properties For Sale

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

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