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 found

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