Area Intelligence

TAMAN BAKAP INDAH

2 properties
Single Storey Terraced
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Median Price
RM 290,000
PSF: RM 201

Residential Market

Median Price

RM 290,000

IQR: RM 179
MAD: RM 93
RM 201 PSF 11.7%

PSF Trends (2021-2025)

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 290K and a median price per square foot (PSF) of RM 201.

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 290K, with most transactions falling within a stable range of RM 250K to RM 330K, and a typical market range of RM 250K to RM 330K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 201, with core pricing between RM 169 and RM 232. Market pricing typically extends from RM 112.75 to RM 288.25, reflecting moderate variation in unit pricing. The spread of RM 175.50 (IQR) and deviation of RM 32 (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

2 properties grouped by size

1,100 sqft
1 units Single Storey Terraced
RM 250,000
LORONG BAKAP INDAH 8/2
1,076 sqft · RM 232.00 PSF
Sep 2021
1,950 sqft
1 units Single Storey Terraced
RM 330,000
LORONG BAKAP INDAH 8/3
1,948 sqft · RM 169.00 PSF
Nov 2024