Penang
Seberang Perai Selatan
4
TAMAN SUNGAI BAKAP PERMAI

TAMAN SUNGAI BAKAP PERMAI

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 319

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 319

TAMAN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 319.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 363K to RM 437K, and a typical market range of RM 340K to RM 450K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 319, with core pricing between RM 258 and RM 380. Market pricing typically extends from RM 235.38 to RM 402.63, reflecting moderate variation in unit pricing. The spread of RM 167.25 (IQR) and deviation of RM 61 (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 SUNGAI BAKAP PERMAI, Seberang Perai Selatan, Penang

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Transactions

8 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 350,000

LORONG. SUNGAI. BAKAP PERMAI 12

1,098 sqft • RM 319.00 PSF

Dec 2023

RM 440,000

LORONG SUNGAI BAKAP PERMAI 7

2,002 sqft • RM 220.00 PSF

Nov 2023

RM 400,000

LORONG. SUNGAI. BAKAP PERMAI 8

1,098 sqft • RM 364.00 PSF

Oct 2023

RM 400,000

LORONG SUNGAI BAKAP PERMAI 3

1,098 sqft • RM 364.00 PSF

Sep 2023

RM 388,000

LORONG SUNGAI. BAKAP PERMAI 2

1,098 sqft • RM 353.00 PSF

May 2023

RM 340,000

LORONG SUNGAI BAKAP PERMAI 2

1,098 sqft • RM 310.00 PSF

May 2023

RM 370,000

LORONG SUNGAI BAKAP PERMAI 1/1

1,098 sqft • RM 337.00 PSF

Mar 2023

RM 450,000

LORONG SUNGAI BAKAP PERMAI 13

2,293 sqft • RM 196.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
LORONG. SUNGAI. BAKAP PERMAI 12	RM 350,000	RM 319.00	1,098 sqft	Dec 2023	Double Storey Terraced
LORONG SUNGAI BAKAP PERMAI 7	RM 440,000	RM 220.00	2,002 sqft	Nov 2023	Single Storey Terraced
LORONG. SUNGAI. BAKAP PERMAI 8	RM 400,000	RM 364.00	1,098 sqft	Oct 2023	Double Storey Terraced
LORONG SUNGAI BAKAP PERMAI 3	RM 400,000	RM 364.00	1,098 sqft	Sep 2023	Double Storey Terraced
LORONG SUNGAI. BAKAP PERMAI 2	RM 388,000	RM 353.00	1,098 sqft	May 2023	Double Storey Terraced
LORONG SUNGAI BAKAP PERMAI 2	RM 340,000	RM 310.00	1,098 sqft	May 2023	Double Storey Terraced
LORONG SUNGAI BAKAP PERMAI 1/1	RM 370,000	RM 337.00	1,098 sqft	Mar 2023	Double Storey Terraced
LORONG SUNGAI BAKAP PERMAI 13	RM 450,000	RM 196.00	2,293 sqft	Feb 2023	Double Storey Semi-D