Taman Bagan Ajam in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM490K and a median price per square foot (PSF) of RM272.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM490K, with most transactions falling within a stable range of RM410K to RM751K, and a typical market range of RM461K to RM519K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM272, with core pricing between RM228 and RM316. Market pricing typically extends from RM237.70 to RM306.45, reflecting moderate variation in unit pricing. The spread of RM68.75 (IQR) and deviation of RM44 (MAD) suggest moderate price variations reflecting different property features.

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.