Penang
Seberang Perai Selatan
4
TAMAN BAKAP INDAH

TAMAN BAKAP INDAH

Area Intelligence

2022

Median Price

RM 481,500

PSF: RM 237

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Residential PSF Trends

Median Price

RM 473,000

PSF: RM 232

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 30 subsale transactions in 2022, with a median price of RM 482K and a median price per square foot (PSF) of RM 237.

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 482K, with most transactions falling within a stable range of RM 291K to RM 490K, and a typical market range of RM 337K to RM 490K.

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 237, though individual units vary from RM 122 to RM 352 in the core range. The broader market spans RM 143.00 to RM 331.00, indicating diverse property characteristics. A wider spread (IQR: RM 188.00) and deviation (MAD: RM 115) 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN BAKAP INDAH, Seberang Perai Selatan, Penang

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Transactions

16 transactions grouped by size

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)

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Road	Price	Land PSF	Land	Date	Type

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 63,000

Level 1

603 sqft · RM 105 PSF

Dec 2022

RM 68,000

Level 2

603 sqft · RM 113 PSF

Oct 2022

RM 59,000

Level 2

603 sqft · RM 98 PSF

Sep 2022

RM 53,000

Level 2

603 sqft · RM 88 PSF

Jul 2022

RM 57,000

Level G

603 sqft · RM 95 PSF

Jun 2022

RM 45,000

Level 2

603 sqft · RM 75 PSF

Mar 2022

RM 53,000

Level 3

603 sqft · RM 88 PSF

Feb 2022

Level 1	RM 63,000	RM 105	603 sqft	Dec 2022
Level 2	RM 68,000	RM 113	603 sqft	Oct 2022
Level 2	RM 59,000	RM 98	603 sqft	Sep 2022
Level 2	RM 53,000	RM 88	603 sqft	Jul 2022
Level G	RM 57,000	RM 95	603 sqft	Jun 2022
Level 2	RM 45,000	RM 75	603 sqft	Mar 2022
Level 3	RM 53,000	RM 88	603 sqft	Feb 2022

1,100 sqft

Double Storey Terraced

1,100 sqft

Double Storey Terraced

RM 370,000

LORONG BAKAP INDAH 8/5

1,076 sqft · RM 344 PSF

Dec 2022

LORONG BAKAP INDAH 8/5

RM 370,000

RM 344

1,076 sqft

Dec 2022

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 350,000

LORONG BAKAP INDAH 6/2

1,292 sqft · RM 271 PSF

Sep 2022

RM 472,000

LORONG BAKAP INDAH 7/11

1,302 sqft · RM 362 PSF

Aug 2022

LORONG BAKAP INDAH 6/2	RM 350,000	RM 271	1,292 sqft	Sep 2022
LORONG BAKAP INDAH 7/11	RM 472,000	RM 362	1,302 sqft	Aug 2022

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 490,000

LORONG BAKAP INDAH 7/8

1,399 sqft · RM 350 PSF

Jun 2022

RM 443,000

PLOT 20,JALAN SUNGAI BAKAP

1,399 sqft · RM 317 PSF

Jun 2022

RM 460,000

LORONG BAKAP INDAH 4/1

1,399 sqft · RM 329 PSF

Apr 2022

RM 473,000

LORONG BAKAP INDAH 7/8

1,399 sqft · RM 338 PSF

Apr 2022

LORONG BAKAP INDAH 7/8	RM 490,000	RM 350	1,399 sqft	Jun 2022
PLOT 20,JALAN SUNGAI BAKAP	RM 443,000	RM 317	1,399 sqft	Jun 2022
LORONG BAKAP INDAH 4/1	RM 460,000	RM 329	1,399 sqft	Apr 2022
LORONG BAKAP INDAH 7/8	RM 473,000	RM 338	1,399 sqft	Apr 2022