Area Intelligence

TMN BAGAN AJAM

2 properties
2024
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Median Price
RM 490,000
PSF: RM 396

Residential Market

Median Price

RM 490,000

IQR: RM 42
MAD: RM 20
RM 396 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 2 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 396.

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 490K, with most transactions falling within a stable range of RM 480K to RM 500K, and a typical market range of RM 480K to RM 500K.

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 396, with most transactions between RM 388 and RM 404. The usual range is RM 361.00 to RM 431.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 8, 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

2 properties found

Double Storey Terraced TINGKAT BULAN 2
RM 480,000
1,238 sqft May 2024
RM 388.00 PSF
Double Storey Terraced JLN BULAN
RM 500,000
1,238 sqft Jan 2024
RM 404.00 PSF