Taman Sungai Bakap Permai

14200 Sungai Jawi, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 79,000
PSF
RM 131
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
LC Flat
RM 65,000
Level 4
603 sqft · RM 108 PSF
RM 80,000
Level G
603 sqft · RM 133 PSF
RM 118,000
Level 1
603 sqft · RM 196 PSF
RM 78,000
Level 1
603 sqft · RM 129 PSF
RM 60,000
Level 4
603 sqft · RM 100 PSF
1,400 sqft
2-Sty Terrace
RM 340,000
Jalan Sungai Bakap Permai
1,399 sqft · RM 243 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 79,000

RM 131 psf

Median transaction price

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Taman Sungai Bakap Permai, 14200 Sungai Jawi, Pulau Pinang, Malaysia

Maps

Taman Sungai Bakap Permai in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 79K and a median price per square foot (PSF) of RM 131.

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 79K, with most transactions falling within a stable range of RM 60K to RM 178K, and a typical market range of RM 60K to RM 230K.

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 131, though individual units vary from RM 80 to RM 182 in the core range. The broader market spans RM 53.06 to RM 209.06, indicating diverse property characteristics. A wider spread (IQR: RM 156.00) and deviation (MAD: RM 51) 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.