Penang, Seberang Perai Utara, Butterworth

TAMAN BAGAN

Area Intelligence

2025

Median Price

RM 490,000

PSF: RM 376

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Residential PSF Trends

Median Price

RM 490,000

PSF: RM 376

Commercial PSF Trends

Median Price

RM 1,420,000

RM 444 PSF

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2025, with a median price of RM 490K 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 490K, with most transactions falling within a stable range of RM 455K to RM 636K, and a typical market range of RM 455K to RM 765K.

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 273 to RM 479 in the core range. The broader market spans RM 260.50 to RM 491.50, indicating diverse property characteristics. A wider spread (IQR: RM 231.00) and deviation (MAD: RM 103) 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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