TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2024, with a median price of RM 454K and a median price per square foot (PSF) of RM 340.
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 454K, with most transactions falling within a stable range of RM 305K to RM 604K, and a typical market range of RM 310K to RM 598K.
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 340, though individual units vary from RM 252 to RM 428 in the core range. The broader market spans RM 246.00 to RM 434.00, indicating diverse property characteristics. A wider spread (IQR: RM 188.00) and deviation (MAD: RM 88) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
