TMN SUNGAI BAKAP PERMAI

TMN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 79K and a median price per square foot (PSF) of RM 131.

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 79K, with most transactions falling within a stable range of RM 60K to RM 178K, and a typical market range of RM 60K to RM 237K.

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 131, though individual units vary from RM 58 to RM 204 in the core range. The broader market spans RM 45.75 to RM 216.25, indicating diverse property characteristics. A wider spread (IQR: RM 170.50) and deviation (MAD: RM 73) indicate significant PSF variations, likely due to diverse property types or conditions.

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.