TAMAN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 384K and a median price per square foot (PSF) of RM 345.
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 384K, with most transactions falling within a stable range of RM 264K to RM 504K, and a typical market range of RM 229K to RM 540K.
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 345, though individual units vary from RM 255 to RM 436 in the core range. The broader market spans RM 261.38 to RM 428.63, indicating diverse property characteristics. A wider spread (IQR: RM 167.25) and deviation (MAD: RM 91) 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.
