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 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 565K, with most transactions falling within a stable range of RM 416K to RM 715K, and a typical market range of RM 421K to RM 709K.

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 156 to RM 332 in the core range. The broader market spans RM 150.00 to RM 338.00, 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.