Penang
Seberang Perai Selatan
5
PEKAN SUNGAI BAKAP

PEKAN SUNGAI BAKAP

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 357

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Residential PSF Trends

Median Price

RM 452,000

PSF: RM 19

Commercial PSF Trends

Median Price

RM 500,000

RM 357 PSF

PEKAN SUNGAI BAKAP in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 357.

This area contains both residential and commercial properties. View 2 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with high diversity across multiple property types.

For price per square foot, the median is RM 357, with most transactions between RM 357 and RM 357. The usual range is RM 190.50 to RM 523.50, showing that most units are priced quite close to each other. With an IQR of RM 333.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN SUNGAI BAKAP, Seberang Perai Selatan, Penang

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Transactions

2 transactions found

Popular Ranges

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

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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

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RM 500,000

JALAN BESAR SUNGAI. BAKAP

1,399 sqft • RM 357.00 PSF

May 2023

RM 500,000

JALAN BESAR/SUNGAI. JAWI

1,399 sqft • RM 357.00 PSF

May 2023

Road	Price	Land PSF	Land	Date	Type
JALAN BESAR SUNGAI. BAKAP	RM 500,000	RM 357.00	1,399 sqft	May 2023	Double Storey Shop
JALAN BESAR/SUNGAI. JAWI	RM 500,000	RM 357.00	1,399 sqft	May 2023	Double Storey Shop