TMN SUNGAI BAKAP PERMAI
Residential Market
Median Price
RM 400,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
12 properties
Median Price
RM 384,000
+3.4% CAGR
Median PSF
RM 323.50
+7.7% CAGR
Low-Cost Flat
10 properties
Median Price
RM 80,000
+15.8% CAGR
Median PSF
RM 132.50
+15.7% CAGR
Double Storey Semi-D
3 properties
Median Price
RM 480,000
+16.0% CAGR
Median PSF
RM 213.00
+8.1% CAGR
Single Storey Terraced
2 properties
Median Price
RM 340,000
+35.4% CAGR
Median PSF
RM 219.50
+0.2% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 12 |
RM 384,000
±20K MAD
|
+3.39% |
RM 323.50
±15 MAD
|
+7.65% | |
| Low-Cost Flat | 10 |
RM 80,000
±11K MAD
|
+15.83% |
RM 132.50
±18 MAD
|
+15.67% | |
| Double Storey Semi-D | 3 |
RM 480,000
±30K MAD
|
+16.04% |
RM 213.00
±17 MAD
|
+8.09% | |
| Single Storey Terraced | 2 |
RM 340,000
±100K MAD
|
+35.40% |
RM 219.50
±1 MAD
|
+0.23% |
TMN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 319.
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 400K, with most transactions falling within a stable range of RM 340K to RM 460K, and a typical market range of RM 340K to RM 550K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 319, with core pricing between RM 261 and RM 377. Market pricing typically extends from RM 233.75 to RM 404.25, reflecting moderate variation in unit pricing. The spread of RM 170.50 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
9 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LRG. SG. BAKAP PERMAI 12
|
RM 350,000
|
RM 319.00
|
1,098 sqft
|
Dec 2023
|
|
|
LRG. SG. BAKAP PERMAI 8
|
RM 400,000
|
RM 364.00
|
1,098 sqft
|
Oct 2023
|
|
|
LRG SG BAKAP PERMAI 3
|
RM 400,000
|
RM 364.00
|
1,098 sqft
|
Sep 2023
|
|
|
LORONG SG. BAKAP PERMAI 2
|
RM 388,000
|
RM 353.00
|
1,098 sqft
|
May 2023
|
|
|
LORONG SUNGAI BAKAP PERMAI 2
|
RM 340,000
|
RM 310.00
|
1,098 sqft
|
May 2023
|
|
|
LORONG SUNGAI BAKAP PERMAI 1/1
|
RM 370,000
|
RM 337.00
|
1,098 sqft
|
Mar 2023
|
|
LORONG SG BAKAP PERMAI 7
|
RM 440,000
|
RM 220.00
|
2,002 sqft
|
Nov 2023
|
Single Storey Terraced |
|
JLN. SG. BAKAP PERMAI
|
RM 550,000
|
RM 275.00
|
2,002 sqft
|
May 2023
|
Double Storey Terraced |
|
LORONG SUNGAI BAKAP PERMAI 13
|
RM 450,000
|
RM 196.00
|
2,293 sqft
|
Feb 2023
|