Area Intelligence

TAMAN BAKAP INDAH

10 properties
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Median Price
RM 61,000
PSF: RM 102

Residential Market

Median Price

RM 61,000

IQR: RM 179
MAD: RM 93
RM 102 PSF 11.7%

PSF Trends (2021-2025)

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 61K and a median price per square foot (PSF) of RM 102.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 61K, with most transactions falling within a stable range of RM 47K to RM 75K, and a typical market range of RM 45K to RM 90K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 102, though individual units vary from RM 78 to RM 125 in the core range. The broader market spans RM 13.75 to RM 189.25, indicating diverse property characteristics. The spread of RM 175.50 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TAMAN BAKAP INDAH, Seberang Perai Selatan, Penang

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Transactions

10 properties grouped by size

600 sqft
10 units (showing 6) Low-Cost Flat
RM 66,000
603 sqft · RM 109.00 PSF
Dec 2023
RM 88,000
603 sqft · RM 146.00 PSF
Dec 2023
RM 90,000
603 sqft · RM 149.00 PSF
Aug 2023
RM 63,000
603 sqft · RM 105.00 PSF
Dec 2022
RM 68,000
603 sqft · RM 113.00 PSF
Oct 2022
RM 59,000
603 sqft · RM 98.00 PSF
Sep 2022