Area Intelligence

TMN BAGAN LALLANG

5 properties
2021
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Median Price
RM 250,000
PSF: RM 294

Residential Market

Median Price

RM 250,000

IQR: RM 147
MAD: RM 67
RM 294 PSF 6.3%

PSF Trends (2021-2025)

TMN BAGAN LALLANG in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 294.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 218K to RM 436K, and a typical market range of RM 218K to RM 450K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 294, though individual units vary from RM 196 to RM 392 in the core range. The broader market spans RM 220.38 to RM 367.63, indicating diverse property characteristics. A wider spread (IQR: RM 147.25) and deviation (MAD: RM 98) 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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TMN BAGAN LALLANG, Seberang Perai Utara, Penang

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Transactions

5 properties grouped by size

850 sqft
3 units Condo/Apartment
RM 250,000
850 sqft · RM 294.00 PSF
Dec 2021
RM 218,000
850 sqft · RM 256.00 PSF
Dec 2021
RM 220,000
850 sqft · RM 259.00 PSF
Dec 2021
1,300 sqft
2 units Double Storey Terraced
RM 650,000
JALAN BAGAN LALLANG 3
1,302 sqft · RM 499.00 PSF
Nov 2021
RM 555,000
LORONG BAGAN LALLANG 4
1,302 sqft · RM 426.00 PSF
Nov 2021