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 390K to RM 410K, 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.
For price per square foot, the median is RM 329, with most transactions between RM 310 and RM 348. The usual range is RM 312.50 to RM 345.50, 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 19 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.
