TAMAN BAKAP INDAH

Area Intelligence
2021
Median Price
RM 341,000
PSF: RM 282

Residential PSF Trends

Median Price

RM 341,000

PSF: RM 282

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 341K and a median price per square foot (PSF) of RM 282.

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 341K, with most transactions falling within a stable range of RM 250K to RM 432K, and a typical market range of RM 250K to RM 432K.

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

The median PSF stands at RM 282, with core pricing between RM 232 and RM 332. Market pricing typically extends from RM 188.00 to RM 376.00, reflecting moderate variation in unit pricing. The spread of RM 188.00 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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

1,100 sqft
Single Storey Terraced
RM 250,000
LORONG BAKAP INDAH 8/2
1,076 sqft · RM 232 PSF
1,300 sqft
Double Storey Terraced
RM 432,000
LORONG BAKAP INDAH 7/11
1,302 sqft · RM 332 PSF

No Properties For Sale

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

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