TAMAN BAKAP INDAH

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2021, with a median price of RM 565K and a median price per square foot (PSF) of RM 244.

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 565K, with most transactions falling within a stable range of RM 428K to RM 630K, and a typical market range of RM 389K to RM 630K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 244, though individual units vary from RM 186 to RM 302 in the core range. The broader market spans RM 156.25 to RM 331.75, indicating diverse property characteristics. The spread of RM 175.50 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.