Area Intelligence

TMN BAGAN BARU

9 properties
2023
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Median Price
RM 675,000
PSF: RM 525

Residential Market

Median Price

RM 650,000

IQR: RM 333
MAD: RM 129
RM 300 PSF 27.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 675,000

IQR: RM 69
MAD: RM 42
RM 585 PSF 10.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN BAGAN BARU in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 675K and a median price per square foot (PSF) of RM 525.

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 675K, with most transactions falling within a stable range of RM 524K to RM 826K, and a typical market range of RM 613K to RM 738K.

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 525, though individual units vary from RM 346 to RM 704 in the core range. The broader market spans RM 355.25 to RM 694.75, indicating diverse property characteristics. A wider spread (IQR: RM 339.50) and deviation (MAD: RM 179) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BAGAN BARU, Seberang Perai Utara, Penang

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Transactions

9 properties found

Double Storey Shop JLN HENG CHOON THIAN
RM 350,000
1,816 sqft Dec 2023
RM 193.00 PSF
Double Storey Terraced TKT BAGAN BARU 1
RM 750,000
2,928 sqft Dec 2023
RM 256.00 PSF
Double Storey Shop TINGKAT BAGAN BARU 4
RM 700,000
1,155 sqft Nov 2023
RM 606.00 PSF
Double Storey Shop JLN HENG CHOON THEAN
RM 675,000
1,154 sqft Oct 2023
RM 585.00 PSF
Double Storey Shop JLN HENG CHOON THEAN
RM 675,000
1,155 sqft Oct 2023
RM 584.00 PSF
Double Storey Terraced TINGKAT BAGAN BARU 18
RM 860,000
1,216 sqft Oct 2023
RM 707.00 PSF
Double Storey Terraced TINGKAT BAGAN BARU 20
RM 650,000
1,238 sqft Sep 2023
RM 525.00 PSF
Single Storey Terraced TINGKAT BAGAN BARU 1
RM 600,000
2,002 sqft Jul 2023
RM 300.00 PSF
Single Storey Terraced TINGKAT BAGAN BARU 1
RM 410,000
1,479 sqft Jan 2023
RM 277.00 PSF