TAMAN BAGAN

TAMAN BAGAN in Seberang Perai Utara, Penang recorded 24 subsale transactions in 2023, with a median price of RM 403K and a median price per square foot (PSF) of RM 298.

This area contains both residential and commercial properties. View 92 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 403K, with most transactions falling within a stable range of RM 80K to RM 734K, and a typical market range of RM 130K to RM 675K.

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

Price per square foot shows a median of RM 298, though individual units vary from RM 185 to RM 411 in the core range. The broader market spans RM 182.50 to RM 413.50, indicating diverse property characteristics. A wider spread (IQR: RM 231.00) and deviation (MAD: RM 113) 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. Moderate transaction volume may require patience when buying or selling.