TAMAN BAKAP INDAH

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 12 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 62K and a median price per square foot (PSF) of RM 102.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 62K, with most transactions falling within a stable range of RM 45K to RM 83K, and a typical market range of RM 45K to RM 125K.

Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 102, though individual units vary from RM 70 to RM 133 in the core range. The broader market spans RM 13.75 to RM 189.25, indicating diverse property characteristics. A wider spread (IQR: RM 175.50) and deviation (MAD: RM 32) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.