TAMAN BAKAP INDAH

Area Intelligence
2024
Median Price
RM 266,500
PSF: RM 329

Residential PSF Trends

Median Price

RM 125,000

PSF: RM 190

Commercial PSF Trends

Median Price

RM 408,000

RM 468 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 267K and a median price per square foot (PSF) of RM 329.

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 267K, with most transactions falling within a stable range of RM 125K to RM 408K, and a typical market range of RM 125K to RM 408K.

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 329, though individual units vary from RM 190 to RM 468 in the core range. The broader market spans RM 235.00 to RM 423.00, indicating diverse property characteristics. A wider spread (IQR: RM 188.00) and deviation (MAD: RM 139) 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

2 transactions grouped by size

650 sqft
Low-Cost Flat
RM 125,000
Level 3
657 sqft · RM 190 PSF
850 sqft
Double Storey Shop
RM 408,000
LORONG BAKAP INDAH 1
872 sqft · RM 468 PSF

No Properties For Sale

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

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