PEKAN SUNGAI BAKAP

Area Intelligence
Service Apartment
Median Price
RM 500,000
PSF: RM 103

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 0 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 500K and a median price per square foot (PSF) of RM 103.

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. The median price is RM 500K, with most transactions falling within a stable range of RM 415K to RM 585K, and a typical market range of RM 415K to RM 585K.

Within the Service Apartment category, detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 103, though individual units vary from RM 13 to RM 193 in the core range. The broader market spans RM 0.00 to RM 269.50, indicating diverse property characteristics. A wider spread (IQR: RM 333.00) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.

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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