Taman Sungai Bakap Permai
14200 Sungai Jawi, Pulau Pinang, Malaysia
14200 Sungai Jawi, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong. Sungai. Bakap Permai 12
|
RM 350,000
|
RM 250
|
1,399 sqft
|
|
|
|
Lorong. Sungai. Bakap Permai 8
|
RM 400,000
|
RM 282
|
1,421 sqft
|
|
|
|
Lorong Sungai Bakap Permai 3
|
RM 400,000
|
RM 282
|
1,421 sqft
|
|
|
|
Lorong Sungai. Bakap Permai 2
|
RM 388,000
|
RM 273
|
1,421 sqft
|
|
|
|
Lorong Sungai Bakap Permai 2
|
RM 340,000
|
RM 243
|
1,399 sqft
|
|
|
|
Lorong Sungai Bakap Permai 1/1
|
RM 370,000
|
RM 260
|
1,421 sqft
|
|
|
Jalan. Sungai. Bakap Permai
|
RM 550,000
|
RM 350
|
1,572 sqft
|
|
|
Lorong Sungai Bakap Permai 7
|
RM 440,000
|
RM 220
|
2,002 sqft
|
|
|
Lorong Sungai Bakap Permai 13
|
RM 450,000
|
RM 196
|
2,293 sqft
|
|
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Market Snapshot
ResidentialRM 400,000
RM 260 psfMedian transaction price
Taman Sungai Bakap Permai, 14200 Sungai Jawi, Pulau Pinang, Malaysia
MapsTaman Sungai Bakap Permai in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 260.
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 400K, with most transactions falling within a stable range of RM 340K to RM 460K, and a typical market range of RM 340K to RM 550K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 260, with core pricing between RM 219 and RM 302. Market pricing typically extends from RM 182.41 to RM 338.41, reflecting moderate variation in unit pricing. The spread of RM 156.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
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.