Penang
Seberang Perai Selatan
4
TAMAN BAKAP INDAH

TAMAN BAKAP INDAH

Area Intelligence

2022

Median Price

RM 472,000

PSF: RM 344

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Residential PSF Trends

Median Price

RM 466,000

PSF: RM 341

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 11 subsale transactions in 2022, with a median price of RM 472K and a median price per square foot (PSF) of RM 344.

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 472K, with most transactions falling within a stable range of RM 408K to RM 536K, and a typical market range of RM 350K to RM 580K.

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

The median PSF stands at RM 344, with core pricing between RM 309 and RM 379. Market pricing typically extends from RM 250.00 to RM 438.00, reflecting moderate variation in unit pricing. With an IQR of RM 188.00 and MAD of RM 35, 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

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Transactions

11 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)

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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

1,100 sqft

Double Storey Terraced

1,100 sqft

Double Storey Terraced

RM 370,000

LORONG BAKAP INDAH 8/5

1,076 sqft · RM 344 PSF

Dec 2022

LORONG BAKAP INDAH 8/5

RM 370,000

RM 344

1,076 sqft

Dec 2022

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 350,000

LORONG BAKAP INDAH 6/2

1,292 sqft · RM 271 PSF

Sep 2022

RM 530,000

LORONG BAKAP INDAH 3

1,302 sqft · RM 407 PSF

Aug 2022

RM 472,000

LORONG BAKAP INDAH 7/11

1,302 sqft · RM 362 PSF

Aug 2022

LORONG BAKAP INDAH 6/2	RM 350,000	RM 271	1,292 sqft	Sep 2022
LORONG BAKAP INDAH 3	RM 530,000	RM 407	1,302 sqft	Aug 2022
LORONG BAKAP INDAH 7/11	RM 472,000	RM 362	1,302 sqft	Aug 2022

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 490,000

LORONG BAKAP INDAH 7/8

1,399 sqft · RM 350 PSF

Jun 2022

RM 443,000

PLOT 20,JALAN SUNGAI BAKAP

1,399 sqft · RM 317 PSF

Jun 2022

RM 460,000

LORONG BAKAP INDAH 4/1

1,399 sqft · RM 329 PSF

Apr 2022

RM 473,000

LORONG BAKAP INDAH 7/8

1,399 sqft · RM 338 PSF

Apr 2022

LORONG BAKAP INDAH 7/8	RM 490,000	RM 350	1,399 sqft	Jun 2022
PLOT 20,JALAN SUNGAI BAKAP	RM 443,000	RM 317	1,399 sqft	Jun 2022
LORONG BAKAP INDAH 4/1	RM 460,000	RM 329	1,399 sqft	Apr 2022
LORONG BAKAP INDAH 7/8	RM 473,000	RM 338	1,399 sqft	Apr 2022

1,550 sqft

Double Storey Shop

1,550 sqft

Double Storey Shop

RM 580,000

LORONG BAKAP INDAH

1,561 sqft · RM 372 PSF

Oct 2022

RM 530,000

LORONG BAKAP INDAH 2

1,539 sqft · RM 344 PSF

Jul 2022

RM 450,000

LORONG BAKAP INDAH 2

1,539 sqft · RM 292 PSF

Apr 2022

LORONG BAKAP INDAH	RM 580,000	RM 372	1,561 sqft	Oct 2022
LORONG BAKAP INDAH 2	RM 530,000	RM 344	1,539 sqft	Jul 2022
LORONG BAKAP INDAH 2	RM 450,000	RM 292	1,539 sqft	Apr 2022