TAMAN BAGAN

Area Intelligence
2021
Median Price
RM 73,000
PSF: RM 141

Residential PSF Trends

Median Price

RM 73,000

PSF: RM 141

Commercial PSF Trends

Median Price

RM 1,420,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 73K and a median price per square foot (PSF) of RM 141.

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.

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

For price per square foot, the median is RM 141, with most transactions between RM 141 and RM 141. The usual range is RM 25.50 to RM 256.50, showing that most units are priced quite close to each other. With an IQR of RM 231.00 and MAD of RM 0, 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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