TAMAN SUNGAI BAKAP PERMAI

Area Intelligence
2024
Median Price
RM 420,000
PSF: RM 383

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 383

TAMAN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 383.

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 420K, with most transactions falling within a stable range of RM 411K to RM 420K, and a typical market range of RM 400K to RM 420K.

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 383, with most transactions between RM 373 and RM 393. The usual range is RM 299.38 to RM 466.63, showing that most units are priced quite close to each other. With an IQR of RM 167.25 and MAD of RM 10, 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 SUNGAI BAKAP PERMAI, Seberang Perai Selatan, Penang

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Transactions

3 transactions grouped by size

1,100 sqft
Double Storey Terraced
RM 400,000
LORONG. SUNGAI. BAKAP PERMAI 10
1,098 sqft · RM 364 PSF
RM 420,000
LORONG SUNGAI BAKAP PERMAI 8
1,098 sqft · RM 383 PSF
RM 420,000
LORONG. SUNGAI. BAKAP PERMAI 8
1,087 sqft · RM 386 PSF

No Properties For Sale

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

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