TAMAN BAKAP INDAH

Area Intelligence
2022
Median Price
RM 481,500
PSF: RM 237

Residential PSF Trends

Median Price

RM 473,000

PSF: RM 232

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 30 subsale transactions in 2022, with a median price of RM 482K and a median price per square foot (PSF) of RM 237.

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 482K, with most transactions falling within a stable range of RM 815K to RM 624K, and a typical market range of RM 815K to RM 626K.

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

The median PSF stands at RM 237, with core pricing between RM 212 and RM 263. Market pricing typically extends from RM 143.00 to RM 331.00, reflecting moderate variation in unit pricing. With an IQR of RM 188.00 and MAD of RM 26, 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN BAKAP INDAH, Seberang Perai Selatan, Penang

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Transactions

2 transactions grouped by size

5,900 sqft
Bungalow
RM 1,100,000
LORONG BAKAP INDAH
5,920 sqft · RM 186 PSF
6,050 sqft
Double Storey Terraced
RM 815,000
LORONG BAKAP INDAH 10
6,039 sqft · RM 135 PSF

No Properties For Sale

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

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