TAMAN BAGAN

Area Intelligence
2021
Median Price
RM 578,000
PSF: RM 445

Residential PSF Trends

Median Price

RM 578,000

PSF: RM 445

Commercial PSF Trends

Median Price

RM 1,420,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 578K and a median price per square foot (PSF) of RM 445.

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 578K, with most transactions falling within a stable range of RM 460K to RM 719K, and a typical market range of RM 460K to RM 800K.

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

The median PSF stands at RM 445, with core pricing between RM 373 and RM 517. Market pricing typically extends from RM 329.50 to RM 560.50, reflecting moderate variation in unit pricing. The spread of RM 231.00 (IQR) and deviation of RM 72 (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

OSM

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Transactions

3 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 578,000
JALAN BAGAN 53
1,300 sqft · RM 445 PSF
1,500 sqft
Single Storey Terraced
RM 460,000
JALAN BAGAN 19
1,496 sqft · RM 307 PSF
1,700 sqft
Double Storey Terraced
RM 800,000
JALAN BAGAN 43
1,700 sqft · RM 471 PSF

No Properties For Sale

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

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