Penang
Seberang Perai Selatan
5
PEKAN SUNGAI BAKAP

PEKAN SUNGAI BAKAP

Area Intelligence

2022

Median Price

RM 319,000

PSF: RM 13

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Residential PSF Trends

Median Price

RM 319,000

PSF: RM 13

Commercial PSF Trends

Median Price

RM 500,000

RM 357 PSF

PEKAN SUNGAI BAKAP in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 319K and a median price per square foot (PSF) of RM 13.

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 13, with most transactions between RM 13 and RM 13. The usual range is RM 0.00 to RM 179.50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN SUNGAI BAKAP, Seberang Perai Selatan, Penang

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