TAMAN SUNGAI BAKAP PERDANA

Area Intelligence
2023
Median Price
RM 57,000
PSF: RM 37

Residential PSF Trends

Median Price

RM 57,000

PSF: RM 37

Commercial PSF Trends

Median Price

RM 495,000

RM 343 PSF

TAMAN SUNGAI BAKAP PERDANA in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 57K and a median price per square foot (PSF) of RM 37.

This area contains both residential and commercial properties. View 19 residential properties or 1 commercial properties separately for more focused analysis.

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

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 37, with most transactions between RM 37 and RM 37. The usual range is RM 16.00 to RM 58.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.

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TAMAN SUNGAI BAKAP PERDANA, Seberang Perai Selatan, Penang

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