Area Intelligence

TMN BAKAP INDAH

7 properties
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Median Price
RM 530,000
PSF: RM 344

Commercial Market

Median Price

RM 530,000

IQR: RM 65
MAD: RM 28
RM 344 PSF 11.3%

PSF Trends (2021-2025)

TMN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 344.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 480K to RM 580K, and a typical market range of RM 479K to RM 580K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 344, with most transactions between RM 316 and RM 372. The usual range is RM 311.75 to RM 376.25, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BAKAP INDAH, Seberang Perai Selatan, Penang

OSM

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Transactions

7 properties grouped by size

850 sqft
1 units Double Storey Shop
RM 408,000
LRG BAKAP INDAH 1
872 sqft · RM 468.00 PSF
May 2024
1,050 sqft
1 units Double Storey Shop
RM 454,000
LRG BAKAP INDAH 1
1,066 sqft · RM 426.00 PSF
May 2024
1,550 sqft
4 units Double Storey Shop
RM 530,000
LRG BAKAP INDAH 2
1,539 sqft · RM 344.00 PSF
Aug 2023
RM 580,000
LORONG BAKAP INDAH
1,561 sqft · RM 372.00 PSF
Oct 2022
RM 530,000
LRG BAKAP INDAH 2
1,539 sqft · RM 344.00 PSF
Jul 2022
RM 450,000
LORONG BAKAP INDAH 2
1,539 sqft · RM 292.00 PSF
Apr 2022
1,800 sqft
1 units Double Storey Shop
RM 580,000
JLN BAKAP INDAH
1,787 sqft · RM 325.00 PSF
Aug 2024