Taman Bakap Indah
4, Jalan Bakap Indah, Taman Bakap Indah, 14200 Sungai Jawi, Pulau Pinang, Malaysia
4, Jalan Bakap Indah, Taman Bakap Indah, 14200 Sungai Jawi, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Bakap Indah 2
|
RM 530,000
|
RM 197
|
2,691 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Lorong Bakap Indah 2
|
RM 530,000
|
RM 197
|
2,691 sqft
|
|
2-Sty Shop |
|
Lorong Bakap Indah 2
|
RM 450,000
|
RM 167
|
2,691 sqft
|
|
2-Sty Shop |
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Market Snapshot
RM 460,000
RM 237 psfMedian transaction price
RM 530,000
RM 197 psfMedian transaction price
4, Jalan Bakap Indah, Taman Bakap Indah, 14200 Sungai Jawi, Pulau Pinang, Malaysia
MapsTaman Bakap Indah in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 2,675 and 2,724 sqft, with a median price of RM 530K and a median price per square foot (PSF) of RM 197.
This area contains both residential and commercial properties. View 55 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 530K, with most transactions falling within a stable range of RM 492K to RM 530K, and a typical market range of RM 450K to RM 530K.
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 197, with most transactions between RM 183 and RM 211. The usual range is RM 98.20 to RM 295.70, showing that most units are priced quite close to each other. With an IQR of RM 197.50 and MAD of RM 14, 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.