Penang
Seberang Perai Selatan
4
TAMAN BAKAP INDAH

TAMAN BAKAP INDAH

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 285

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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 284

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 285.

This area contains both residential and commercial properties. View 50 residential properties or 7 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 387K to RM 90K, and a typical market range of RM 256K to RM 90K.

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

For price per square foot, the median is RM 285, with most transactions between RM 260 and RM 310. The usual range is RM 191.00 to RM 379.00, showing that most units are priced quite close to each other. With an IQR of RM 188.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN BAKAP INDAH, Seberang Perai Selatan, Penang

OSM

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 66,000

Level 3

603 sqft • RM 109.00 PSF

Dec 2023

RM 88,000

Level G

603 sqft • RM 146.00 PSF

Dec 2023

RM 60,000

Level 2

657 sqft • RM 91.00 PSF

Oct 2023

RM 90,000

Level 1

603 sqft • RM 149.00 PSF

Aug 2023

Road	Price	Land PSF	Land	Date	Type
Level 3	RM 66,000	RM 109.00	603 sqft	Dec 2023	Low-Cost Flat
Level G	RM 88,000	RM 146.00	603 sqft	Dec 2023	Low-Cost Flat
Level 2	RM 60,000	RM 91.00	657 sqft	Oct 2023	Low-Cost Flat
Level 1	RM 90,000	RM 149.00	603 sqft	Aug 2023	Low-Cost Flat