Penang
Seberang Perai Selatan
4
TAMAN BAKAP INDAH

TAMAN BAKAP INDAH

Area Intelligence

2022

Median Price

RM 530,000

PSF: RM 315

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 293

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 19 subsale transactions in 2022, with a median price of RM 530K and a median price per square foot (PSF) of RM 315.

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 530K, with most transactions falling within a stable range of RM 420K to RM 640K, and a typical market range of RM 386K to RM 674K.

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 315, though individual units vary from RM 250 to RM 380 in the core range. The broader market spans RM 221.00 to RM 409.00, indicating diverse property characteristics. The spread of RM 188.00 (IQR) and deviation of RM 65 (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

19 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 443,000

PLOT 20,JALAN SUNGAI BAKAP

1,399 sqft · RM 317 PSF

Jun 2022

RM 490,000

LORONG BAKAP INDAH 7/8

1,399 sqft · RM 350 PSF

Jun 2022

RM 473,000

LORONG BAKAP INDAH 7/8

1,399 sqft · RM 338 PSF

Apr 2022

RM 460,000

LORONG BAKAP INDAH 4/1

1,399 sqft · RM 329 PSF

Apr 2022

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

2,200 sqft

Double Storey Terraced

2,200 sqft

Double Storey Terraced

RM 695,000

LORONG BAKAP INDAH 10

2,207 sqft · RM 315 PSF

Aug 2022

LORONG BAKAP INDAH 10

RM 695,000

RM 315

2,207 sqft

Aug 2022

2,600 sqft

Double Storey Terraced

2,600 sqft

Double Storey Terraced

RM 625,000

LORONG BAKAP INDAH 7/8

2,605 sqft · RM 240 PSF

Apr 2022

LORONG BAKAP INDAH 7/8

RM 625,000

RM 240

2,605 sqft

Apr 2022

2,650 sqft

Double Storey Terraced

2,650 sqft

Double Storey Terraced

RM 619,000

LORONG BAKAP INDAH 7/12

2,669 sqft · RM 232 PSF

May 2022

LORONG BAKAP INDAH 7/12

RM 619,000

RM 232

2,669 sqft

May 2022

2,700 sqft

Double Storey Terraced

2,700 sqft

Double Storey Terraced

RM 640,000

PLOT8,JALAN SUNGAI BAKAP

2,702 sqft · RM 237 PSF

Apr 2022

PLOT8,JALAN SUNGAI BAKAP

RM 640,000

RM 237

2,702 sqft

Apr 2022

2,750 sqft

RM 700,000

LORONG BAKAP INDAH 7/4

2,734 sqft · RM 256 PSF

Oct 2022

RM 652,000

LORONG BAKAP INDAH 7/8

2,756 sqft · RM 237 PSF

Mar 2022

LORONG BAKAP INDAH 7/4	RM 700,000	RM 256	2,734 sqft	Oct 2022	Double Storey Semi-D
LORONG BAKAP INDAH 7/8	RM 652,000	RM 237	2,756 sqft	Mar 2022	Double Storey Terraced