TAMAN SUNGAI BAKAP PERMAI

Area Intelligence
2024
Median Price
RM 420,000
PSF: RM 374

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 374

TAMAN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 374.

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 420K, with most transactions falling within a stable range of RM 400K to RM 566K, and a typical market range of RM 400K to RM 576K.

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

The median PSF stands at RM 374, with core pricing between RM 326 and RM 421. Market pricing typically extends from RM 289.88 to RM 457.13, reflecting moderate variation in unit pricing. With an IQR of RM 167.25 and MAD of RM 48, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

4 transactions grouped by size

1,100 sqft
Double Storey Terraced
RM 400,000
LORONG. SUNGAI. BAKAP PERMAI 10
1,098 sqft · RM 364 PSF
RM 420,000
LORONG SUNGAI BAKAP PERMAI 8
1,098 sqft · RM 383 PSF
RM 420,000
LORONG. SUNGAI. BAKAP PERMAI 8
1,087 sqft · RM 386 PSF
2,800 sqft
Double Storey Semi-D
RM 750,000
LORONG SUNGAI BAKAP PERMAI 15
2,788 sqft · RM 269 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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