Penang
Seberang Perai Selatan
4
TAMAN BAKAP INDAH

TAMAN BAKAP INDAH

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 285

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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 339K to RM 461K, and a typical market range of RM 310K to RM 480K.

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

The median PSF stands at RM 285, with core pricing between RM 253 and RM 317. Market pricing typically extends from RM 191.00 to RM 379.00, reflecting moderate variation in unit pricing. With an IQR of RM 188.00 and MAD of RM 32, 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 BAKAP INDAH, Seberang Perai Selatan, Penang

OSM

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Transactions

9 transactions grouped by size

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 66,000

Level 3

603 sqft · RM 109 PSF

Dec 2023

RM 88,000

Level G

603 sqft · RM 146 PSF

Dec 2023

RM 90,000

Level 1

603 sqft · RM 149 PSF

Aug 2023

Level 3	RM 66,000	RM 109	603 sqft	Dec 2023
Level G	RM 88,000	RM 146	603 sqft	Dec 2023
Level 1	RM 90,000	RM 149	603 sqft	Aug 2023

650 sqft

Low-Cost Flat

650 sqft

Low-Cost Flat

RM 60,000

Level 2

657 sqft · RM 91 PSF

Oct 2023

Level 2

RM 60,000

RM 91

657 sqft

Oct 2023

1,100 sqft

Double Storey Terraced

1,100 sqft

Double Storey Terraced

RM 380,000

LORONG BAKAP INDAH 8/5

1,076 sqft · RM 353 PSF

May 2023

RM 310,000

LORONG BAKAP INDAH 8/6

1,087 sqft · RM 285 PSF

May 2023

LORONG BAKAP INDAH 8/5	RM 380,000	RM 353	1,076 sqft	May 2023
LORONG BAKAP INDAH 8/6	RM 310,000	RM 285	1,087 sqft	May 2023

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 460,000

LORONG BAKAP INDAH

1,302 sqft · RM 353 PSF

Aug 2023

RM 480,000

LORONG BAKAP INDAH 3

1,302 sqft · RM 369 PSF

Mar 2023

RM 400,000

LORONG BAKAP INDAH 6

1,302 sqft · RM 307 PSF

Jan 2023

LORONG BAKAP INDAH	RM 460,000	RM 353	1,302 sqft	Aug 2023
LORONG BAKAP INDAH 3	RM 480,000	RM 369	1,302 sqft	Mar 2023
LORONG BAKAP INDAH 6	RM 400,000	RM 307	1,302 sqft	Jan 2023