Taman Bakap Indah
4, Jalan Bakap Indah, Taman Bakap Indah, 14200 Sungai Jawi, Pulau Pinang, Malaysia
4, Jalan Bakap Indah, Taman Bakap Indah, 14200 Sungai Jawi, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Bakap Indah 8/2
|
RM 250,000
|
RM 232
|
1,076 sqft
|
|
|
Lorong Bakap Indah 7/11
|
RM 432,000
|
RM 269
|
1,604 sqft
|
|
|
|
Lorong Bakap Indah 7/11
|
RM 630,000
|
RM 393
|
1,604 sqft
|
|
|
Lorong Bakap Indah 10
|
RM 565,000
|
RM 265
|
2,131 sqft
|
|
|
Lorong Bakap Indah 7/4
|
RM 580,000
|
RM 150
|
3,864 sqft
|
|
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Market Snapshot
RM 565,000
RM 265 psfMedian transaction price
RM 530,000
RM 344 psfMedian transaction price
4, Jalan Bakap Indah, Taman Bakap Indah, 14200 Sungai Jawi, Pulau Pinang, Malaysia
MapsTaman Bakap Indah in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2021, with a median price of RM 565K and a median price per square foot (PSF) of RM 265.
This area contains both residential and commercial properties. View 55 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 565K, with most transactions falling within a stable range of RM 428K to RM 630K, and a typical market range of RM 354K to RM 630K.
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 265, though individual units vary from RM 187 to RM 343 in the core range. The broader market spans RM 166.35 to RM 363.85, indicating diverse property characteristics. A wider spread (IQR: RM 197.50) and deviation (MAD: RM 78) 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.