TAMAN BAGAN

Area Intelligence
2024
Median Price
RM 660,000
PSF: RM 472

Residential PSF Trends

Median Price

RM 650,000

PSF: RM 500

Commercial PSF Trends

Median Price

RM 800,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2024, with a median price of RM 660K and a median price per square foot (PSF) of RM 472.

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 660K, with most transactions falling within a stable range of RM 490K to RM 830K, and a typical market range of RM 445K to RM 910K.

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

The median PSF stands at RM 472, with core pricing between RM 378 and RM 566. Market pricing typically extends from RM 356.50 to RM 587.50, reflecting moderate variation in unit pricing. The spread of RM 231.00 (IQR) and deviation of RM 94 (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

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Transactions

8 transactions grouped by size

1,300 sqft
RM 650,000
JALAN BAGAN 53
1,300 sqft · RM 500 PSF
RM 445,000
JALAN BAGAN 19
1,302 sqft · RM 342 PSF
RM 670,000
JALAN BAGAN 63
1,300 sqft · RM 515 PSF
RM 480,000
JALAN BAGAN 5
1,302 sqft · RM 369 PSF
1,400 sqft
Single Storey Terraced
RM 520,000
JALAN BAGAN 3
1,378 sqft · RM 377 PSF
1,500 sqft
Double Storey Terraced
RM 910,000
JALAN BAGAN 55
1,507 sqft · RM 604 PSF
RM 888,000
JALAN BAGAN 55
1,507 sqft · RM 589 PSF
1,800 sqft
Double Storey Shop
RM 800,000
JALAN BAGAN 23
1,800 sqft · RM 444 PSF

No Properties For Sale

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

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