Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN

Area Intelligence

2025

Median Price

RM 557,500

PSF: RM 299

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Residential PSF Trends

Median Price

RM 557,500

PSF: RM 299

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2025, priced between RM 300K and RM 750K, with a median price of RM 558K and a median price per square foot (PSF) of RM 299.

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 558K, with most transactions falling within a stable range of RM 468K to RM 647K, and a typical market range of RM 455K to RM 668K.

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

The median PSF stands at RM 299, with core pricing between RM 241 and RM 358. Market pricing typically extends from RM 183.78 to RM 414.78, reflecting moderate variation in unit pricing. The spread of RM 231.00 (IQR) and deviation of RM 59 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN, Seberang Perai Utara, Penang

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