Area Intelligence

TMN BAKAWALI

2 properties
2022
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Median Price
RM 195,000
PSF: RM 178

Residential Market

Median Price

RM 195,000

IQR: RM 44
MAD: RM 37
RM 178 PSF 3.4%

PSF Trends (2021-2025)

TMN BAKAWALI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 195K and a median price per square foot (PSF) of RM 178.

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 195K, with most transactions falling within a stable range of RM 190K to RM 200K, and a typical market range of RM 190K to RM 200K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 178, with most transactions between RM 173 and RM 182. The usual range is RM 155.50 to RM 199.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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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TMN BAKAWALI, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,100 sqft
2 units Single Storey Terraced
RM 190,000
JALAN BAKAWALI 2
1,098 sqft · RM 173.00 PSF
Jun 2022
RM 200,000
JALAN BAKAWALI 4
1,098 sqft · RM 182.00 PSF
Jan 2022