Area Intelligence

TAMAN BAGAN TAMBUN

3 properties
2023
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Median Price
RM 725,000
PSF: RM 276

Residential Market

Median Price

RM 702,500

IQR: RM 16
MAD: RM 10
RM 268 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,610,000

IQR: RM 76
MAD: RM 76
RM 809 PSF 18.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN BAGAN TAMBUN in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 725K and a median price per square foot (PSF) of RM 276.

This area contains both residential and commercial properties. View 7 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 725K, with most transactions falling within a stable range of RM 680K to RM 1.15 million, and a typical market range of RM 680K to RM 1.01 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 276, though individual units vary from RM 21 to RM 531 in the core range. The broader market spans RM 263.50 to RM 288.50, indicating diverse property characteristics. A wider spread (IQR: RM 25.00) and deviation (MAD: RM 255) 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.

Area Location

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TAMAN BAGAN TAMBUN, Seberang Perai Selatan, Penang

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Transactions

3 properties found

3-Storey Storey Shop LORONG BAGAN TAMBUN
RM 1,610,000
1,991 sqft Nov 2023
RM 809.00 PSF
Double Storey Semi-D LRG BAGAN TAMBUN 2
RM 725,000
2,626 sqft Apr 2023
RM 276.00 PSF
Double Storey Semi-D LRG BAGAN TAMBUN 1
RM 680,000
2,626 sqft Jan 2023
RM 259.00 PSF