TAMAN BAKAP INDAH

Area Intelligence
2021
Median Price
RM 580,000
PSF: RM 244

Residential PSF Trends

Median Price

RM 580,000

PSF: RM 244

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 580K and a median price per square foot (PSF) of RM 244.

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 580K, with most transactions falling within a stable range of RM 565K to RM 608K, and a typical market range of RM 565K 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 244, with core pricing between RM 197 and RM 291. Market pricing typically extends from RM 150.00 to RM 338.00, reflecting moderate variation in unit pricing. The spread of RM 188.00 (IQR) and deviation of RM 47 (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

3 transactions grouped by size

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
3,850 sqft
Double Storey Semi-D
RM 580,000
LORONG BAKAP INDAH 7/4
3,864 sqft · RM 150 PSF

No Properties For Sale

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

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