Area Intelligence

TAMAN BAGAN TAMBUN

2 properties
2024
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Median Price
RM 991,500
PSF: RM 620

Residential Market

Median Price

RM 733,000

IQR: RM 16
MAD: RM 10
RM 279 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,250,000

IQR: RM 76
MAD: RM 76
RM 960 PSF 18.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN BAGAN TAMBUN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 992K and a median price per square foot (PSF) of RM 620.

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 992K, with most transactions falling within a stable range of RM 733K to RM 1.25 million, and a typical market range of RM 733K to RM 1.25 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 620, though individual units vary from RM 279 to RM 960 in the core range. The broader market spans RM 607.00 to RM 632.00, indicating diverse property characteristics. A wider spread (IQR: RM 25.00) and deviation (MAD: RM 341) 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. Some price volatility exists, making thorough market research essential before transacting. 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

2 properties grouped by size

1,300 sqft
1 units 3-Storey Storey Shop
RM 1,250,000
LORONG BAGAN TAMBUN
1,302 sqft · RM 960.00 PSF
Sep 2024
2,650 sqft
1 units Double Storey Semi-D
RM 733,000
LRG BAGAN TAMBUN 1
2,626 sqft · RM 279.00 PSF
Feb 2024