Area Intelligence

TMN BAGAN

26 properties
2024
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Median Price
RM 154,500
PSF: RM 290

Residential Market

Median Price

RM 149,500

IQR: RM 230
MAD: RM 95
RM 279 PSF 9.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,110,000

IQR: RM 37
RM 444 PSF 7.4%

PSF Trends (2021-2025)

TMN BAGAN in Seberang Perai Utara, Penang recorded 26 subsale transactions in 2024, with a median price of RM 155K and a median price per square foot (PSF) of RM 290.

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 155K, with most transactions falling within a stable range of RM 83K to RM 532K, and a typical market range of RM 83K to RM 430K.

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

Price per square foot shows a median of RM 290, though individual units vary from RM 159 to RM 420 in the core range. The broader market spans RM 173.75 to RM 405.25, indicating diverse property characteristics. A wider spread (IQR: RM 231.50) and deviation (MAD: RM 130) 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN BAGAN, Seberang Perai Utara, Penang

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Transactions

26 properties grouped by size

500 sqft
14 units (showing 6) Low-Cost Flat
RM 108,000
517 sqft · RM 209.00 PSF
Oct 2024
RM 143,000
517 sqft · RM 277.00 PSF
Sep 2024
RM 103,000
517 sqft · RM 199.00 PSF
Sep 2024
RM 154,000
517 sqft · RM 298.00 PSF
Sep 2024
RM 125,000
517 sqft · RM 242.00 PSF
Aug 2024
RM 98,000
517 sqft · RM 190.00 PSF
Jul 2024
1,300 sqft
4 units
RM 650,000
Double Storey Terraced JALAN BAGAN 53
1,300 sqft · RM 500.00 PSF
Nov 2024
RM 445,000
Single Storey Terraced JALAN BAGAN 19
1,302 sqft · RM 342.00 PSF
Jul 2024
RM 670,000
Double Storey Terraced JALAN BAGAN 63
1,300 sqft · RM 515.00 PSF
Apr 2024
RM 480,000
Single Storey Terraced JALAN BAGAN 5
1,302 sqft · RM 369.00 PSF
Feb 2024
1,400 sqft
1 units Single Storey Terraced
RM 520,000
JALAN BAGAN 3
1,378 sqft · RM 377.00 PSF
Feb 2024
1,500 sqft
2 units Double Storey Terraced
RM 910,000
JALAN BAGAN 55
1,507 sqft · RM 604.00 PSF
Aug 2024
RM 888,000
JALAN BAGAN 55
1,507 sqft · RM 589.00 PSF
Jul 2024
1,800 sqft
1 units Double Storey Shop
RM 800,000
JLN BAGAN 23
1,800 sqft · RM 444.00 PSF
Sep 2024
2,400 sqft
1 units Double Storey Terraced
RM 960,000
JALAN BAGAN 63
2,401 sqft · RM 400.00 PSF
Apr 2024
2,450 sqft
1 units Double Storey Semi-D
RM 1,000,000
JALAN BAGAN 4
2,450 sqft · RM 408.00 PSF
Nov 2024
2,700 sqft
1 units Single Storey Terraced
RM 600,000
JALAN BAGAN 9
2,691 sqft · RM 223.00 PSF
Aug 2024
3,200 sqft
1 units Double Storey Shop
RM 1,420,000
JLN BAGAN 23
3,200 sqft · RM 444.00 PSF
Feb 2024