TAMAN BAKAP INDAH

Area Intelligence
2023
Median Price
RM 400,000
PSF: RM 285

Residential PSF Trends

Median Price

RM 390,000

PSF: RM 284

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 285.

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 400K, with most transactions falling within a stable range of RM 184K to RM 616K, and a typical market range of RM 256K to RM 544K.

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 285, though individual units vary from RM 190 to RM 380 in the core range. The broader market spans RM 191.00 to RM 379.00, indicating diverse property characteristics. A wider spread (IQR: RM 188.00) and deviation (MAD: RM 95) 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

13 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
650 sqft
Low-Cost Flat
RM 60,000
Level 2
657 sqft · RM 91 PSF
1,100 sqft
Double Storey Terraced
RM 380,000
LORONG BAKAP INDAH 8/5
1,076 sqft · RM 353 PSF
RM 310,000
LORONG BAKAP INDAH 8/6
1,087 sqft · RM 285 PSF
1,300 sqft
Double Storey Terraced
RM 460,000
LORONG BAKAP INDAH
1,302 sqft · RM 353 PSF
RM 480,000
LORONG BAKAP INDAH 3
1,302 sqft · RM 369 PSF
RM 400,000
LORONG BAKAP INDAH 6
1,302 sqft · RM 307 PSF
1,550 sqft
Double Storey Shop
RM 530,000
LORONG BAKAP INDAH 2
1,539 sqft · RM 344 PSF
2,150 sqft
Double Storey Semi-D
RM 635,000
LORONG BAKAP INDAH 11
2,164 sqft · RM 293 PSF
2,250 sqft
Double Storey Terraced
RM 600,000
LORONG BAKAP INDAH 11
2,239 sqft · RM 268 PSF
2,350 sqft
Double Storey Semi-D
RM 660,000
LORONG BAKAP INDAH 7/1
2,336 sqft · RM 283 PSF

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

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