TAMAN BAGAN

Area Intelligence
2023
Median Price
RM 475,000
PSF: RM 361

Residential PSF Trends

Median Price

RM 475,000

PSF: RM 361

Commercial PSF Trends

Median Price

RM 1,420,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 10 subsale transactions in 2023, with a median price of RM 475K and a median price per square foot (PSF) of RM 361.

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 475K, with most transactions falling within a stable range of RM 400K to RM 622K, and a typical market range of RM 400K to RM 750K.

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

Price per square foot shows a median of RM 361, though individual units vary from RM 270 to RM 452 in the core range. The broader market spans RM 245.50 to RM 476.50, indicating diverse property characteristics. A wider spread (IQR: RM 231.00) and deviation (MAD: RM 91) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAGAN, Seberang Perai Utara, Penang

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Transactions

10 transactions grouped by size

1,300 sqft
RM 450,000
JALAN BAGAN 3
1,302 sqft · RM 346 PSF
RM 490,000
JALAN BAGAN 5
1,302 sqft · RM 376 PSF
RM 680,000
JALAN BAGAN 39
1,320 sqft · RM 515 PSF
RM 640,000
JALAN BAGAN 63
1,300 sqft · RM 492 PSF
RM 400,000
JALAN BAGAN 19
1,302 sqft · RM 307 PSF
RM 420,000
JALAN BAGAN 15
1,302 sqft · RM 322 PSF
1,350 sqft
Double Storey Terraced
RM 690,000
JALAN BAGAN 61
1,344 sqft · RM 513 PSF
1,400 sqft
Single Storey Terraced
RM 405,000
JALAN BAGAN 13
1,399 sqft · RM 289 PSF
1,500 sqft
Single Storey Terraced
RM 460,000
JALAN BAGAN 19
1,500 sqft · RM 307 PSF
1,700 sqft
Double Storey Terraced
RM 850,000
JALAN BAGAN 43
1,700 sqft · RM 500 PSF

No Properties For Sale

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

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