TMN BAGAN BARU
Residential Market
Median Price
RM 505,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 725,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
11 properties
Median Price
RM 750,000
+21.1% CAGR
Median PSF
RM 525.00
+20.4% CAGR
Double Storey Shop
8 properties
Median Price
RM 750,000
+20.5% CAGR
Median PSF
RM 648.00
+7.1% CAGR
Single Storey Terraced
4 properties
Median Price
RM 431,250
+41.3% CAGR
Median PSF
RM 264.50
+20.0% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 11 |
RM 750,000
±25K MAD
|
+21.13% |
RM 525.00
±86 MAD
|
+20.39% | |
Double Storey Shop | 8 |
RM 750,000
±75K MAD
|
+20.49% |
RM 648.00
±23 MAD
|
+7.14% | |
Single Storey Terraced | 4 |
RM 431,250
±74K MAD
|
+41.26% |
RM 264.50
±24 MAD
|
+19.96% |
TMN BAGAN BARU in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 505K and a median price per square foot (PSF) of RM 320.
This area contains both residential and commercial properties. View 15 residential properties or 8 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 505K, with most transactions falling within a stable range of RM 355K to RM 672K, and a typical market range of RM 443K to RM 568K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 320, though individual units vary from RM 153 to RM 486 in the core range. The broader market spans RM 149.75 to RM 489.25, indicating diverse property characteristics. A wider spread (IQR: RM 339.50) and deviation (MAD: RM 167) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
4 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
TINGKAT BAGAN BARU 3
|
RM 650,000
|
RM 649.00
|
1,001 sqft
|
Oct 2022
|
Single Storey Terraced |
TINGKAT BAGAN BARU 10
|
RM 360,000
|
RM 243.00
|
1,484 sqft
|
Apr 2022
|
Double Storey Terraced |
TINGKAT BAGAN BARU 18
|
RM 725,000
|
RM 396.00
|
1,830 sqft
|
Mar 2022
|
Single Storey Terraced |
TINGKAT BAGAN BARU 6
|
RM 355,000
|
RM 238.00
|
1,491 sqft
|
Jan 2022
|