TAMAN BAKAP INDAH

Area Intelligence
2024
Median Price
RM 575,000
PSF: RM 248

Residential PSF Trends

Median Price

RM 575,000

PSF: RM 248

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 575K and a median price per square foot (PSF) of RM 248.

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 575K, with most transactions falling within a stable range of RM 400K to RM 750K, and a typical market range of RM 431K to RM 719K.

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 248, though individual units vary from RM 156 to RM 340 in the core range. The broader market spans RM 154.00 to RM 342.00, indicating diverse property characteristics. A wider spread (IQR: RM 188.00) and deviation (MAD: RM 92) 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. 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

2 transactions grouped by size

2,200 sqft
Double Storey Terraced
RM 750,000
LORONG BAKAP INDAH 10
2,207 sqft · RM 340 PSF
2,550 sqft
Single Storey Semi-D
RM 400,000
JALAN BAKAP INDAH
2,562 sqft · RM 156 PSF

No Properties For Sale

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

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