Penang
Seberang Perai Selatan
12
TAMAN SUNGAI BAKAP

TAMAN SUNGAI BAKAP

Area Intelligence

2022

Median Price

RM 325,000

PSF: RM 197

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Residential PSF Trends

Median Price

RM 325,000

PSF: RM 197

Commercial PSF Trends

Median Price

RM 425,000

RM 348 PSF

TAMAN SUNGAI BAKAP in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 197.

This area contains both residential and commercial properties. View 7 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 260K to RM 390K, and a typical market range of RM 315K to RM 335K.

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

The median PSF stands at RM 197, with core pricing between RM 169 and RM 224. Market pricing typically extends from RM 180.00 to RM 213.00, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 28, 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.

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TAMAN SUNGAI BAKAP, Seberang Perai Selatan, Penang

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