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 315K to RM 335K, 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.
For price per square foot, the median is RM 197, with most transactions between RM 178 and RM 216. 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 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.
