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.

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 197, with most transactions between RM 197 and RM 197. The usual range is RM 180.00 to RM 213.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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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