Area Intelligence

PEKAN SUNGAI BAKAP

2 properties
Detached
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Median Price
RM 452,000
PSF: RM 19

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 2 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 452K and a median price per square foot (PSF) of RM 19.

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 452K, with most transactions falling within a stable range of RM 319K to RM 585K, and a typical market range of RM 367K to RM 537K.

Within the Detached category, detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 19, though individual units vary from RM 13 to RM 24 in the core range. The broader market spans RM 0.00 to RM 185.00, indicating diverse property characteristics. A wider spread (IQR: RM 333.00) and deviation (MAD: RM 6) 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. 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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PEKAN SUNGAI BAKAP, Seberang Perai Selatan, Penang

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Transactions

2 properties grouped by size

23,800 sqft
1 units Detached
RM 319,000
OFF JLN SG.BAKAP
23,822 sqft · RM 13.00 PSF
Jan 2022
24,300 sqft
1 units Detached
RM 585,000
JLN SENTOSA
24,316 sqft · RM 24.00 PSF
Nov 2021