Area Intelligence

TMN SUNGAI BAKAP PERMAI

11 properties
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Median Price
RM 388,000
PSF: RM 353

Residential Market

Median Price

RM 388,000

IQR: RM 171
MAD: RM 90
RM 353 PSF 7.6%

PSF Trends (2021-2025)

TMN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 388K and a median price per square foot (PSF) of RM 353.

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 388K, with most transactions falling within a stable range of RM 338K to RM 420K, and a typical market range of RM 240K to RM 420K.

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

The median PSF stands at RM 353, with core pricing between RM 308 and RM 398. Market pricing typically extends from RM 267.75 to RM 438.25, reflecting moderate variation in unit pricing. With an IQR of RM 170.50 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

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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TMN SUNGAI BAKAP PERMAI, Seberang Perai Selatan, Penang

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Transactions

11 properties grouped by size

1,100 sqft
11 units (showing 6)
RM 400,000
Double Storey Terraced LRG. SG. BAKAP PERMAI 10
1,098 sqft · RM 364.00 PSF
Aug 2024
RM 420,000
Double Storey Terraced LORONG SG BAKAP PERMAI 8
1,098 sqft · RM 383.00 PSF
Jun 2024
RM 420,000
Double Storey Terraced LRG. SG. BAKAP PERMAI 8
1,087 sqft · RM 386.00 PSF
Feb 2024
RM 350,000
Double Storey Terraced LRG. SG. BAKAP PERMAI 12
1,098 sqft · RM 319.00 PSF
Dec 2023
RM 400,000
Double Storey Terraced LRG. SG. BAKAP PERMAI 8
1,098 sqft · RM 364.00 PSF
Oct 2023
RM 400,000
Double Storey Terraced LRG SG BAKAP PERMAI 3
1,098 sqft · RM 364.00 PSF
Sep 2023