Penang
Seberang Perai Selatan
4
TAMAN SUNGAI BAKAP PERMAI

TAMAN SUNGAI BAKAP PERMAI

Area Intelligence

2023

Median Price

RM 379,000

PSF: RM 345

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Residential PSF Trends

Median Price

RM 379,000

PSF: RM 345

TAMAN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2023, with a median price of RM 379K 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 379K, with most transactions falling within a stable range of RM 356K to RM 400K, and a typical market range of RM 340K to RM 400K.

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 345, with most transactions between RM 324 and RM 366. The usual range is RM 261.38 to RM 428.63, showing that most units are priced quite close to each other. With an IQR of RM 167.25 and MAD of RM 21, 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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Transactions

6 transactions grouped by size

Popular Ranges

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

Custom Range

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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

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Double Storey Terraced

1,100 sqft

Double Storey Terraced

RM 350,000

LORONG. SUNGAI. BAKAP PERMAI 12

1,098 sqft · RM 319 PSF

Dec 2023

RM 400,000

LORONG. SUNGAI. BAKAP PERMAI 8

1,098 sqft · RM 364 PSF

Oct 2023

RM 400,000

LORONG SUNGAI BAKAP PERMAI 3

1,098 sqft · RM 364 PSF

Sep 2023

RM 388,000

LORONG SUNGAI. BAKAP PERMAI 2

1,098 sqft · RM 353 PSF

May 2023

RM 340,000

LORONG SUNGAI BAKAP PERMAI 2

1,098 sqft · RM 310 PSF

May 2023

RM 370,000

LORONG SUNGAI BAKAP PERMAI 1/1

1,098 sqft · RM 337 PSF

Mar 2023

LORONG. SUNGAI. BAKAP PERMAI 12	RM 350,000	RM 319	1,098 sqft	Dec 2023
LORONG. SUNGAI. BAKAP PERMAI 8	RM 400,000	RM 364	1,098 sqft	Oct 2023
LORONG SUNGAI BAKAP PERMAI 3	RM 400,000	RM 364	1,098 sqft	Sep 2023
LORONG SUNGAI. BAKAP PERMAI 2	RM 388,000	RM 353	1,098 sqft	May 2023
LORONG SUNGAI BAKAP PERMAI 2	RM 340,000	RM 310	1,098 sqft	May 2023
LORONG SUNGAI BAKAP PERMAI 1/1	RM 370,000	RM 337	1,098 sqft	Mar 2023