TAMAN BAGAN

Area Intelligence
2024
Median Price
RM 935,000
PSF: RM 544

Residential PSF Trends

Median Price

RM 935,000

PSF: RM 544

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2024, priced between RM 750K and RM 2.00 million, with a median price of RM 935K and a median price per square foot (PSF) of RM 544.

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 935K, with most transactions falling within a stable range of RM 800K to RM 1.13 million, and a typical market range of RM 800K to RM 1.21 million.

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

The median PSF stands at RM 544, with core pricing between RM 437 and RM 651. Market pricing typically extends from RM 428.26 to RM 659.26, reflecting moderate variation in unit pricing. The spread of RM 231.00 (IQR) and deviation of RM 107 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN, Seberang Perai Utara, Penang

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Property Transactions

6 transactions grouped by size

1,600 sqft
Double Storey Terraced
RM 910,000
JALAN BAGAN 55
1,582 sqft · RM 575 PSF
1,650 sqft
Double Storey Terraced
RM 960,000
JALAN BAGAN 63
1,636 sqft · RM 587 PSF
1,750 sqft
Double Storey Terraced
RM 888,000
JALAN BAGAN 55
1,733 sqft · RM 512 PSF
2,000 sqft
Double Storey Shop
RM 800,000
JALAN BAGAN 23
2,013 sqft · RM 397 PSF
RM 1,420,000
JALAN BAGAN 23
2,013 sqft · RM 705 PSF
2,450 sqft
Double Storey Semi-D
RM 1,000,000
JALAN BAGAN 4
2,450 sqft · RM 408 PSF

No Properties For Sale

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

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