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 grouped by size

1,050 sqft
1 units Double Storey Shop
RM 800,000
JALAN BAGAN LUAR
1,072 sqft · RM 746.00 PSF
Aug 2024
1,150 sqft
2 units Double Storey Shop
RM 750,000
JLN HENG CHOON THEAN
1,157 sqft · RM 648.00 PSF
Jul 2024
RM 750,000
JLN HENG CHOON THIAN
1,159 sqft · RM 647.00 PSF
Jul 2024
1,200 sqft
1 units Double Storey Terraced
RM 748,000
TINGKAT BAGAN BARU 18
1,216 sqft · RM 615.00 PSF
Jan 2024
1,250 sqft
2 units Double Storey Terraced
RM 800,000
JALAN BAGAN BARU 1
1,270 sqft · RM 630.00 PSF
Oct 2024
RM 750,000
TINGKAT BAGAN BARU 14
1,238 sqft · RM 606.00 PSF
Aug 2024
1,400 sqft
1 units Double Storey Terraced
RM 750,000
JALAN BAGAN BARU 1
1,421 sqft · RM 528.00 PSF
May 2024