Area Intelligence

PEKAN SUNGAI BAKAP

5 properties
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Median Price
RM 500,000
PSF: RM 103

Residential Market

Median Price

RM 452,000

IQR: RM 6
MAD: RM 6
RM 19 PSF 45.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

RM 357 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN SUNGAI BAKAP in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 103.

This area contains both residential and commercial properties. View 2 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 415K to RM 585K, and a typical market range of RM 415K to RM 585K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 103, though individual units vary from RM 13 to RM 193 in the core range. The broader market spans RM 0.00 to RM 269.50, indicating diverse property characteristics. A wider spread (IQR: RM 333.00) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN SUNGAI BAKAP, Seberang Perai Selatan, Penang

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Transactions

5 properties found

Double Storey Shop JLN BESAR SG. BAKAP
RM 500,000
1,399 sqft May 2023
RM 357.00 PSF
Double Storey Shop JLN BESAR/SG. JAWI
RM 500,000
1,399 sqft May 2023
RM 357.00 PSF
Single Storey Semi-D OFF JLN . SG. DURI
RM 330,000
3,197 sqft Sep 2022
RM 103.00 PSF
Detached OFF JLN SG.BAKAP
RM 319,000
23,822 sqft Jan 2022
RM 13.00 PSF
Detached JLN SENTOSA
RM 585,000
24,316 sqft Nov 2021
RM 24.00 PSF