TAMAN BAKAP INDAH

Area Intelligence
2021
Median Price
RM 498,500
PSF: RM 250

Residential PSF Trends

Median Price

RM 498,500

PSF: RM 250

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2021, with a median price of RM 499K and a median price per square foot (PSF) of RM 250.

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 499K, with most transactions falling within a stable range of RM 353K to RM 630K, and a typical market range of RM 354K to RM 630K.

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

The median PSF stands at RM 250, with core pricing between RM 211 and RM 289. Market pricing typically extends from RM 156.00 to RM 344.00, reflecting moderate variation in unit pricing. The spread of RM 188.00 (IQR) and deviation of RM 39 (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. 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

4 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
2,200 sqft
Double Storey Terraced
RM 565,000
LORONG BAKAP INDAH 10
2,207 sqft · RM 256 PSF
2,600 sqft
Double Storey Terraced
RM 630,000
LORONG BAKAP INDAH 7/11
2,583 sqft · RM 244 PSF

No Properties For Sale

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

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