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 grouped by size

1,150 sqft
3 units Double Storey Shop
RM 700,000
TINGKAT BAGAN BARU 4
1,155 sqft · RM 606.00 PSF
Nov 2023
RM 675,000
JLN HENG CHOON THEAN
1,154 sqft · RM 585.00 PSF
Oct 2023
RM 675,000
JLN HENG CHOON THEAN
1,155 sqft · RM 584.00 PSF
Oct 2023
1,200 sqft
1 units Double Storey Terraced
RM 860,000
TINGKAT BAGAN BARU 18
1,216 sqft · RM 707.00 PSF
Oct 2023
1,250 sqft
1 units Double Storey Terraced
RM 650,000
TINGKAT BAGAN BARU 20
1,238 sqft · RM 525.00 PSF
Sep 2023
1,500 sqft
1 units Single Storey Terraced
RM 410,000
TINGKAT BAGAN BARU 1
1,479 sqft · RM 277.00 PSF
Jan 2023
1,800 sqft
1 units Double Storey Shop
RM 350,000
JLN HENG CHOON THIAN
1,816 sqft · RM 193.00 PSF
Dec 2023
2,000 sqft
1 units Single Storey Terraced
RM 600,000
TINGKAT BAGAN BARU 1
2,002 sqft · RM 300.00 PSF
Jul 2023
2,950 sqft
1 units Double Storey Terraced
RM 750,000
TKT BAGAN BARU 1
2,928 sqft · RM 256.00 PSF
Dec 2023