TAMAN BAKAP INDAH

Area Intelligence
2021
Median Price
RM 597,500
PSF: RM 250

Residential PSF Trends

Median Price

RM 597,500

PSF: RM 250

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 598K and a median price per square foot (PSF) of RM 250.

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 598K, with most transactions falling within a stable range of RM 565K to RM 630K, and a typical market range of RM 565K to RM 630K.

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 250, with most transactions between RM 244 and RM 256. The usual range is RM 156.00 to RM 344.00, showing that most units are priced quite close to each other. With an IQR of RM 188.00 and MAD of RM 6, 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. 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

2 transactions grouped by size

2,200 sqft
Double Storey Terraced
RM 565,000
LORONG BAKAP INDAH 10
2,207 sqft · RM 256 PSF
2,600 sqft
Double Storey Terraced
RM 630,000
LORONG BAKAP INDAH 7/11
2,583 sqft · RM 244 PSF

No Properties For Sale

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

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