TAMAN BAKAP INDAH

Area Intelligence
Low-Cost Flat
Median Price
RM 61,500
PSF: RM 102

Residential PSF Trends

Median Price

RM 61,500

PSF: RM 102

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 12 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 62K and a median price per square foot (PSF) of RM 102.

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 62K, with most transactions falling within a stable range of RM 45K to RM 83K, and a typical market range of RM 45K to RM 125K.

Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 102, though individual units vary from RM 70 to RM 133 in the core range. The broader market spans RM 7.50 to RM 195.50, indicating diverse property characteristics. A wider spread (IQR: RM 188.00) and deviation (MAD: RM 32) 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. 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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Transactions

12 transactions grouped by size

600 sqft
Low-Cost Flat
RM 66,000
Level 3
603 sqft · RM 109 PSF
RM 88,000
Level G
603 sqft · RM 146 PSF
RM 90,000
Level 1
603 sqft · RM 149 PSF
RM 63,000
Level 1
603 sqft · RM 105 PSF
RM 68,000
Level 2
603 sqft · RM 113 PSF
RM 59,000
Level 2
603 sqft · RM 98 PSF
650 sqft
Low-Cost Flat
RM 125,000
Level 3
657 sqft · RM 190 PSF
RM 60,000
Level 2
657 sqft · RM 91 PSF

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

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