TAMAN BAKAP INDAH

Area Intelligence
2022
Median Price
RM 780,000
PSF: RM 161

Residential PSF Trends

Median Price

RM 780,000

PSF: RM 161

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 780K and a median price per square foot (PSF) of RM 161.

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 780K, with most transactions falling within a stable range of RM 584K to RM 976K, and a typical market range of RM 636K to RM 924K.

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

The median PSF stands at RM 161, with core pricing between RM 135 and RM 186. Market pricing typically extends from RM 66.50 to RM 254.50, reflecting moderate variation in unit pricing. The spread of RM 188.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

4 transactions grouped by size

4,000 sqft
Double Storey Semi-D
RM 745,000
LORONG BAKAP INDAH 12
4,004 sqft · RM 186 PSF
4,150 sqft
Double Storey Semi-D
RM 555,000
LORONG BAKAP INDAH 6/4
4,144 sqft · RM 134 PSF
5,900 sqft
Bungalow
RM 1,100,000
LORONG BAKAP INDAH
5,920 sqft · RM 186 PSF
6,050 sqft
Double Storey Terraced
RM 815,000
LORONG BAKAP INDAH 10
6,039 sqft · RM 135 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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