TAMAN BAKAP INDAH

Area Intelligence
2024
Median Price
RM 454,000
PSF: RM 340

Residential PSF Trends

Median Price

RM 470,000

PSF: RM 265

Commercial PSF Trends

Median Price

RM 454,000

RM 426 PSF

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2024, with a median price of RM 454K and a median price per square foot (PSF) of RM 340.

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 454K, with most transactions falling within a stable range of RM 275K to RM 633K, and a typical market range of RM 310K to RM 598K.

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 340, though individual units vary from RM 231 to RM 449 in the core range. The broader market spans RM 246.00 to RM 434.00, indicating diverse property characteristics. A wider spread (IQR: RM 188.00) and deviation (MAD: RM 109) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

9 transactions grouped by size

650 sqft
Low-Cost Flat
RM 125,000
Level 3
657 sqft · RM 190 PSF
850 sqft
Double Storey Shop
RM 408,000
LORONG BAKAP INDAH 1
872 sqft · RM 468 PSF
1,050 sqft
Double Storey Shop
RM 454,000
LORONG BAKAP INDAH 1
1,066 sqft · RM 426 PSF
1,350 sqft
Double Storey Terraced
RM 540,000
LORONG BAKAP INDAH 7/5
1,367 sqft · RM 395 PSF
1,800 sqft
Double Storey Shop
RM 580,000
JALAN BAKAP INDAH
1,787 sqft · RM 325 PSF
1,950 sqft
RM 330,000
LORONG BAKAP INDAH 8/3
1,948 sqft · RM 169 PSF
RM 680,000
LORONG BAKAP INDAH 3
1,948 sqft · RM 349 PSF
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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