TAMAN BAGAN in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 519K and a median price per square foot (PSF) of RM 376.
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 224K to RM 814K, and a typical market range of RM 244K to RM 794K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 376, though individual units vary from RM 285 to RM 467 in the core range. The broader market spans RM 260.50 to RM 491.50, indicating diverse property characteristics. The spread of RM 231.00 (IQR) and deviation of RM 91 (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.
