TAMAN BAGAN

Area Intelligence
2021
Median Price
RM 519,000
PSF: RM 330

Residential PSF Trends

Median Price

RM 519,000

PSF: RM 330

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, priced between RM 300K and RM 750K, with a median price of RM 519K and a median price per square foot (PSF) of RM 330.

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 519K, with most transactions falling within a stable range of RM 460K to RM 578K, and a typical market range of RM 460K to RM 578K.

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

For price per square foot, the median is RM 330, with most transactions between RM 307 and RM 353. The usual range is RM 214.86 to RM 445.86, showing that most units are priced quite close to each other. With an IQR of RM 231.00 and MAD of RM 23, 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

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Property Transactions

2 transactions grouped by size

1,500 sqft
Single Storey Terraced
RM 460,000
JALAN BAGAN 19
1,496 sqft · RM 307 PSF
1,650 sqft
Double Storey Terraced
RM 578,000
JALAN BAGAN 53
1,636 sqft · RM 353 PSF

No Properties For Sale

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

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