Area Intelligence

TMN BAGAN AJAM

9 properties
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Median Price
RM 520,000
PSF: RM 388

Residential Market

Median Price

RM 510,000

IQR: RM 42
MAD: RM 20
RM 384 PSF 2.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,000,000

RM 715 PSF

PSF Trends (2021-2025)

TMN BAGAN AJAM in Seberang Perai Utara, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 520K and a median price per square foot (PSF) of RM 388.

This area contains both residential and commercial properties. View 8 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 RM 520K, with most transactions falling within a stable range of RM 490K to RM 550K, and a typical market range of RM 490K to RM 550K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 388, with most transactions between RM 365 and RM 411. The usual range is RM 353.00 to RM 423.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BAGAN AJAM, Seberang Perai Utara, Penang

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Transactions

9 properties grouped by size

1,250 sqft
4 units Double Storey Terraced
RM 480,000
TINGKAT BULAN 2
1,238 sqft · RM 388.00 PSF
May 2024
RM 500,000
JLN BULAN
1,238 sqft · RM 404.00 PSF
Jan 2024
RM 550,000
TINGKAT BULAN 2
1,238 sqft · RM 444.00 PSF
Sep 2022
RM 550,000
TKT. BULAN 4
1,238 sqft · RM 444.00 PSF
Sep 2022
1,300 sqft
1 units Double Storey Terraced
RM 490,000
LORONG BULAN 1
1,292 sqft · RM 379.00 PSF
Jun 2023
1,400 sqft
2 units
RM 1,000,000
3-Storey Storey Shop JLN BAGAN AJAM
1,399 sqft · RM 715.00 PSF
Dec 2023
RM 520,000
Double Storey Terraced JALAN BULAN
1,389 sqft · RM 374.00 PSF
Jun 2022
1,500 sqft
1 units Double Storey Terraced
RM 550,000
JLN BULAN
1,507 sqft · RM 365.00 PSF
Sep 2021
1,600 sqft
1 units Double Storey Terraced
RM 410,000
JALAN MATAHARI (BGN JERMAL)
1,617 sqft · RM 254.00 PSF
Sep 2023