Penang
Seberang Perai Selatan
4
TAMAN SUNGAI BAKAP PERMAI

TAMAN SUNGAI BAKAP PERMAI

Area Intelligence

2024

Median Price

RM 400,000

PSF: RM 269

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 269

TAMAN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 269.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 269, with most transactions between RM 269 and RM 269. The usual range is RM 185.38 to RM 352.63, showing that most units are priced quite close to each other. With an IQR of RM 167.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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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