Area Intelligence

TMN SG BAKAP

3 properties
2024
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Median Price
RM 400,000
PSF: RM 329

Residential Market

Median Price

RM 380,000

IQR: RM 35
MAD: RM 14
RM 218 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 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 329.

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 380K to RM 429K, 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 329, with core pricing between RM 266 and RM 392. Market pricing typically extends from RM 312.50 to RM 345.50, reflecting moderate variation in unit pricing. The spread of RM 33.00 (IQR) and deviation of RM 63 (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

1,200 sqft
1 units Double Storey Shop
RM 400,000
JLN BESAR
1,216 sqft · RM 329.00 PSF
Jul 2024
1,250 sqft
1 units Double Storey Shop
RM 450,000
JLN BESAR
1,227 sqft · RM 367.00 PSF
Jul 2024
1,750 sqft
1 units Double Storey Terraced
RM 380,000
JALAN BEDUK
1,744 sqft · RM 218.00 PSF
Jul 2024