Area Intelligence

TAMAN SUNGAI BAKAP PERDANA

1 properties
2023
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Median Price
RM 57,000
PSF: RM 37

Residential Market

Median Price

RM 57,000

IQR: RM 43
RM 37 PSF 59.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SUNGAI BAKAP PERDANA in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 57K and a median price per square foot (PSF) of RM 37.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 37, with most transactions between RM 37 and RM 37. The usual range is RM 15.50 to RM 58.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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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TAMAN SUNGAI BAKAP PERDANA, Seberang Perai Selatan, Penang

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Transactions

1 properties found

Cluster House LORONG SUNGAI BAKAP PERDANA 5
RM 57,000
1,550 sqft Dec 2023
RM 37.00 PSF