TAMAN BAGAN

Area Intelligence
2023
Median Price
RM 460,000
PSF: RM 346

Residential PSF Trends

Median Price

RM 460,000

PSF: RM 346

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 460K and a median price per square foot (PSF) of RM 346.

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 460K, with most transactions falling within a stable range of RM 400K to RM 573K, and a typical market range of RM 400K to RM 690K.

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

The median PSF stands at RM 346, with core pricing between RM 296 and RM 395. Market pricing typically extends from RM 230.01 to RM 461.01, reflecting moderate variation in unit pricing. With an IQR of RM 231.00 and MAD of RM 50, 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

9 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 450,000
JALAN BAGAN 3
1,302 sqft · RM 346 PSF
RM 490,000
JALAN BAGAN 5
1,302 sqft · RM 376 PSF
RM 400,000
JALAN BAGAN 19
1,302 sqft · RM 307 PSF
RM 420,000
JALAN BAGAN 15
1,302 sqft · RM 322 PSF
1,400 sqft
Single Storey Terraced
RM 405,000
JALAN BAGAN 13
1,399 sqft · RM 289 PSF
1,500 sqft
Single Storey Terraced
RM 460,000
JALAN BAGAN 19
1,500 sqft · RM 307 PSF
1,600 sqft
Double Storey Terraced
RM 680,000
JALAN BAGAN 39
1,582 sqft · RM 430 PSF
RM 640,000
JALAN BAGAN 63
1,582 sqft · RM 404 PSF
1,650 sqft
Double Storey Terraced
RM 690,000
JALAN BAGAN 61
1,658 sqft · RM 416 PSF

No Properties For Sale

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

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