Area Intelligence

TMN BAGAN AJAM

3 properties
2022
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Median Price
RM 550,000
PSF: RM 444

Residential Market

Median Price

RM 550,000

IQR: RM 42
MAD: RM 20
RM 444 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 3 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 444.

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 550K, with most transactions falling within a stable range of RM 536K to RM 550K, and a typical market range of RM 520K 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 444, with most transactions between RM 411 and RM 477. The usual range is RM 409.00 to RM 479.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 33, 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

3 properties found

Double Storey Terraced TINGKAT BULAN 2
RM 550,000
1,238 sqft Sep 2022
RM 444.00 PSF
Double Storey Terraced TKT. BULAN 4
RM 550,000
1,238 sqft Sep 2022
RM 444.00 PSF
Double Storey Terraced JALAN BULAN
RM 520,000
1,389 sqft Jun 2022
RM 374.00 PSF