TAMAN BAKAP INDAH

Area Intelligence
2024
Median Price
RM 266,500
PSF: RM 329

Residential PSF Trends

Median Price

RM 125,000

PSF: RM 190

Commercial PSF Trends

Median Price

RM 408,000

RM 468 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 267K and a median price per square foot (PSF) of RM 329.

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.

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 329, with most transactions between RM 329 and RM 329. The usual range is RM 235.00 to RM 423.00, showing that most units are priced quite close to each other. With an IQR of RM 188.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAKAP INDAH, Seberang Perai Selatan, Penang

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