Penang
Seberang Perai Selatan
4
TAMAN BAKAP INDAH

TAMAN BAKAP INDAH

Area Intelligence

2022

Median Price

RM 57,000

PSF: RM 95

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Residential PSF Trends

Median Price

RM 57,000

PSF: RM 95

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 57K and a median price per square foot (PSF) of RM 95.

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 57K, with most transactions falling within a stable range of RM 50K to RM 64K, and a typical market range of RM 45K to RM 68K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 95, with core pricing between RM 83 and RM 107. Market pricing typically extends from RM 1.00 to RM 189.00, reflecting moderate variation in unit pricing. With an IQR of RM 188.00 and MAD of RM 12, 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. 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

7 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 63,000

Level 1

603 sqft · RM 105 PSF

Dec 2022

RM 68,000

Level 2

603 sqft · RM 113 PSF

Oct 2022

RM 59,000

Level 2

603 sqft · RM 98 PSF

Sep 2022

RM 53,000

Level 2

603 sqft · RM 88 PSF

Jul 2022

RM 57,000

Level G

603 sqft · RM 95 PSF

Jun 2022

RM 45,000

Level 2

603 sqft · RM 75 PSF

Mar 2022

RM 53,000

Level 3

603 sqft · RM 88 PSF

Feb 2022

Level 1	RM 63,000	RM 105	603 sqft	Dec 2022
Level 2	RM 68,000	RM 113	603 sqft	Oct 2022
Level 2	RM 59,000	RM 98	603 sqft	Sep 2022
Level 2	RM 53,000	RM 88	603 sqft	Jul 2022
Level G	RM 57,000	RM 95	603 sqft	Jun 2022
Level 2	RM 45,000	RM 75	603 sqft	Mar 2022
Level 3	RM 53,000	RM 88	603 sqft	Feb 2022