Area Intelligence

TMN BAGAN

4 properties
2021
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Median Price
RM 519,000
PSF: RM 376

Residential Market

Median Price

RM 519,000

IQR: RM 230
MAD: RM 95
RM 376 PSF 9.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,420,000

IQR: RM 37
RM 444 PSF 7.4%

PSF Trends (2021-2025)

TMN BAGAN in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 519K and a median price per square foot (PSF) of RM 376.

This area contains both residential and commercial properties. View 88 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 519K, with most transactions falling within a stable range of RM 255K to RM 783K, and a typical market range of RM 244K to RM 794K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 376, though individual units vary from RM 245 to RM 507 in the core range. The broader market spans RM 260.25 to RM 491.75, indicating diverse property characteristics. A wider spread (IQR: RM 231.50) and deviation (MAD: RM 131) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BAGAN, Seberang Perai Utara, Penang

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Transactions

4 properties grouped by size

500 sqft
1 units Low-Cost Flat
RM 73,000
517 sqft · RM 141.00 PSF
Dec 2021
1,300 sqft
1 units Double Storey Terraced
RM 578,000
JALAN BAGAN 53
1,300 sqft · RM 445.00 PSF
Aug 2021
1,500 sqft
1 units Single Storey Terraced
RM 460,000
JALAN BAGAN 19
1,496 sqft · RM 307.00 PSF
Dec 2021
1,700 sqft
1 units Double Storey Terraced
RM 800,000
JALAN BAGAN 43
1,700 sqft · RM 471.00 PSF
Dec 2021