TAMAN BAGAN

Area Intelligence
2024
Median Price
RM 154,500
PSF: RM 290

Residential PSF Trends

Median Price

RM 149,500

PSF: RM 279

Commercial PSF Trends

Median Price

RM 1,110,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 26 subsale transactions in 2024, with a median price of RM 155K and a median price per square foot (PSF) of RM 290.

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 155K, with most transactions falling within a stable range of RM 520K to RM 212K, and a typical market range of RM 520K to RM 430K.

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

Price per square foot shows a median of RM 290, though individual units vary from RM 172 to RM 407 in the core range. The broader market spans RM 174.00 to RM 405.00, indicating diverse property characteristics. A wider spread (IQR: RM 231.00) and deviation (MAD: RM 117) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN BAGAN, Seberang Perai Utara, Penang

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Transactions

4 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 650,000
JALAN BAGAN 53
1,300 sqft · RM 500 PSF
RM 670,000
JALAN BAGAN 63
1,300 sqft · RM 515 PSF
1,400 sqft
Single Storey Terraced
RM 520,000
JALAN BAGAN 3
1,378 sqft · RM 377 PSF
2,700 sqft
Single Storey Terraced
RM 600,000
JALAN BAGAN 9
2,691 sqft · RM 223 PSF

No Properties For Sale

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

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