Area Intelligence

TMN SG BAKAP

3 properties
2023
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Median Price
RM 400,000
PSF: RM 204

Residential Market

Median Price

RM 400,000

IQR: RM 35
MAD: RM 14
RM 204 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 425,000

IQR: RM 19
MAD: RM 19
RM 348 PSF

PSF Trends (2021-2025)

TMN SG BAKAP in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 204.

This area contains both residential and commercial properties. View 7 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 400K, with most transactions falling within a stable range of RM 360K to RM 459K, and a typical market range of RM 390K to RM 410K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 204, with core pricing between RM 164 and RM 244. Market pricing typically extends from RM 187.50 to RM 220.50, reflecting moderate variation in unit pricing. The spread of RM 33.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TMN SG BAKAP, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

1,700 sqft
1 units Double Storey Terraced
RM 400,000
LENGKOK BEDUK
1,690 sqft · RM 237.00 PSF
Mar 2023
1,750 sqft
1 units Single Storey Terraced
RM 360,000
PERSIARAN BEDUK
1,765 sqft · RM 204.00 PSF
Apr 2023
3,550 sqft
1 units Double Storey Terraced
RM 500,000
LENGKOK BEDUK
3,563 sqft · RM 140.00 PSF
Jul 2023