Area Intelligence

TAMAN BAKAP INDAH

5 properties
2021
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Median Price
RM 565,000
PSF: RM 244

Residential Market

Median Price

RM 565,000

IQR: RM 179
MAD: RM 93
RM 244 PSF 11.7%

PSF Trends (2021-2025)

TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2021, with a median price of RM 565K and a median price per square foot (PSF) of RM 244.

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 565K, with most transactions falling within a stable range of RM 428K to RM 630K, and a typical market range of RM 389K to RM 630K.

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 244, though individual units vary from RM 186 to RM 302 in the core range. The broader market spans RM 156.25 to RM 331.75, indicating diverse property characteristics. The spread of RM 175.50 (IQR) and deviation of RM 58 (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. Some price volatility exists, making thorough market research essential before transacting. 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

5 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
1,300 sqft
1 units Double Storey Terraced
RM 432,000
LORONG BAKAP INDAH 7/11
1,302 sqft · RM 332.00 PSF
Dec 2021
2,200 sqft
1 units Double Storey Terraced
RM 565,000
LORONG BAKAP INDAH 10
2,207 sqft · RM 256.00 PSF
Nov 2021
2,600 sqft
1 units Double Storey Terraced
RM 630,000
LORONG BAKAP INDAH 7/11
2,583 sqft · RM 244.00 PSF
Dec 2021
3,850 sqft
1 units Double Storey Semi-D
RM 580,000
LRG BAKAP INDAH 7/4
3,864 sqft · RM 150.00 PSF
Aug 2021