Penang
Seberang Perai Selatan
12
TAMAN SUNGAI BAKAP

TAMAN SUNGAI BAKAP

Area Intelligence

2024

Median Price

RM 400,000

PSF: RM 329

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 218

Commercial PSF Trends

Median Price

RM 425,000

RM 348 PSF

TAMAN SUNGAI BAKAP in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 329.

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 400K, with most transactions falling within a stable range of RM 380K to RM 429K, and a typical market range of RM 390K to RM 410K.

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

The median PSF stands at RM 329, with core pricing between RM 266 and RM 392. Market pricing typically extends from RM 312.50 to RM 345.50, reflecting moderate variation in unit pricing. The spread of RM 33.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 400,000

JALAN BESAR

1,216 sqft • RM 329.00 PSF

Jul 2024

RM 450,000

JALAN BESAR

1,227 sqft • RM 367.00 PSF

Jul 2024

RM 380,000

JALAN BEDUK

1,744 sqft • RM 218.00 PSF

Jul 2024

Road	Price	Land PSF	Land	Date	Type
JALAN BESAR	RM 400,000	RM 329.00	1,216 sqft	Jul 2024	Double Storey Shop
JALAN BESAR	RM 450,000	RM 367.00	1,227 sqft	Jul 2024	Double Storey Shop
JALAN BEDUK	RM 380,000	RM 218.00	1,744 sqft	Jul 2024	Double Storey Terraced