TAMAN SUNGAI BAKAP PERMAI

Area Intelligence
2022
Median Price
RM 78,000
PSF: RM 129

Residential PSF Trends

Median Price

RM 78,000

PSF: RM 129

TAMAN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 78K and a median price per square foot (PSF) of RM 129.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 78K, with most transactions falling within a stable range of RM 60K to RM 98K, and a typical market range of RM 60K to RM 118K.

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 129, though individual units vary from RM 95 to RM 163 in the core range. The broader market spans RM 45.38 to RM 212.63, indicating diverse property characteristics. A wider spread (IQR: RM 167.25) and deviation (MAD: RM 34) 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 SUNGAI BAKAP PERMAI, Seberang Perai Selatan, Penang

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Transactions

5 transactions found

RM 65,000
Level 4
603 sqft RM 108.00 PSF
RM 80,000
Level G
603 sqft RM 133.00 PSF
RM 118,000
Level 1
603 sqft RM 196.00 PSF
RM 78,000
Level 1
603 sqft RM 129.00 PSF
RM 60,000
Level 4
603 sqft RM 100.00 PSF

No Properties For Sale

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

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