Area Intelligence

TMN BAGAN BARU

7 properties
2024
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Median Price
RM 750,000
PSF: RM 630

Residential Market

Median Price

RM 750,000

IQR: RM 333
MAD: RM 129
RM 611 PSF 27.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 750,000

IQR: RM 69
MAD: RM 42
RM 648 PSF 10.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN BAGAN BARU in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 630.

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 750K, with most transactions falling within a stable range of RM 748K to RM 773K, and a typical market range of RM 748K to RM 800K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 630, with most transactions between RM 570 and RM 690. The usual range is RM 460.25 to RM 799.75, showing that most units are priced quite close to each other. With an IQR of RM 339.50 and MAD of RM 60, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

7 properties found

Double Storey Terraced JALAN BAGAN BARU 1
RM 800,000
1,270 sqft Oct 2024
RM 630.00 PSF
Double Storey Shop JALAN BAGAN LUAR
RM 800,000
1,072 sqft Aug 2024
RM 746.00 PSF
Double Storey Terraced TINGKAT BAGAN BARU 14
RM 750,000
1,238 sqft Aug 2024
RM 606.00 PSF
Double Storey Shop JLN HENG CHOON THEAN
RM 750,000
1,157 sqft Jul 2024
RM 648.00 PSF
Double Storey Shop JLN HENG CHOON THIAN
RM 750,000
1,159 sqft Jul 2024
RM 647.00 PSF
Double Storey Terraced JALAN BAGAN BARU 1
RM 750,000
1,421 sqft May 2024
RM 528.00 PSF
Double Storey Terraced TINGKAT BAGAN BARU 18
RM 748,000
1,216 sqft Jan 2024
RM 615.00 PSF