TAMAN BAGAN

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.