Area Intelligence

TMN SUNGAI BAKAP PERMAI

2 properties
Single Storey Terraced
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Median Price
RM 340,000
PSF: RM 220

Residential Market

Median Price

RM 340,000

IQR: RM 171
MAD: RM 90
RM 220 PSF 7.6%

PSF Trends (2021-2025)

TMN SUNGAI BAKAP PERMAI 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 340K and a median price per square foot (PSF) of RM 220.

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 340K, with most transactions falling within a stable range of RM 240K to RM 440K, and a typical market range of RM 240K to RM 440K.

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

For price per square foot, the median is RM 220, with most transactions between RM 219 and RM 220. The usual range is RM 134.25 to RM 304.75, showing that most units are priced quite close to each other. With an IQR of RM 170.50 and MAD of RM 1, 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. 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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TMN SUNGAI BAKAP PERMAI, Seberang Perai Selatan, Penang

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Transactions

2 properties grouped by size

1,100 sqft
1 units Single Storey Terraced
RM 240,000
JALAN GAMELAN
1,098 sqft · RM 219.00 PSF
Nov 2021
2,000 sqft
1 units Single Storey Terraced
RM 440,000
LORONG SG BAKAP PERMAI 7
2,002 sqft · RM 220.00 PSF
Nov 2023