TAMAN BAKAP INDAH

Area Intelligence
2022
Median Price
RM 646,000
PSF: RM 235

Residential PSF Trends

Median Price

RM 646,000

PSF: RM 235

Commercial PSF Trends

Median Price

RM 530,000

RM 344 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2022, with a median price of RM 646K and a median price per square foot (PSF) of RM 235.

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 646K, with most transactions falling within a stable range of RM 552K to RM 740K, and a typical market range of RM 502K to RM 745K.

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 235, though individual units vary from RM 183 to RM 286 in the core range. The broader market spans RM 140.50 to RM 328.50, indicating diverse property characteristics. The spread of RM 188.00 (IQR) and deviation of RM 52 (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

10 transactions grouped by size

2,200 sqft
Double Storey Terraced
RM 695,000
LORONG BAKAP INDAH 10
2,207 sqft · RM 315 PSF
2,600 sqft
Double Storey Terraced
RM 625,000
LORONG BAKAP INDAH 7/8
2,605 sqft · RM 240 PSF
2,650 sqft
Double Storey Terraced
RM 619,000
LORONG BAKAP INDAH 7/12
2,669 sqft · RM 232 PSF
2,700 sqft
Double Storey Terraced
RM 640,000
PLOT8,JALAN SUNGAI BAKAP
2,702 sqft · RM 237 PSF
2,750 sqft
RM 700,000
LORONG BAKAP INDAH 7/4
2,734 sqft · RM 256 PSF
RM 652,000
LORONG BAKAP INDAH 7/8
2,756 sqft · RM 237 PSF
2,850 sqft
Double Storey Terraced
RM 390,000
LORONG BAKAP INDAH 8/6
2,852 sqft · RM 137 PSF
2,900 sqft
Double Storey Semi-D
RM 675,000
JALAN BAKAP INDAH
2,906 sqft · RM 232 PSF
4,000 sqft
Double Storey Semi-D
RM 745,000
LORONG BAKAP INDAH 12
4,004 sqft · RM 186 PSF
4,150 sqft
Double Storey Semi-D
RM 555,000
LORONG BAKAP INDAH 6/4
4,144 sqft · RM 134 PSF

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

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