Taman Bakawali

13300 Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM188,500
PSF
RM172
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Terrace
RM270,000
Simpang Tiga
1,098 sqft · RM246 PSF
RM107,000
Jalan Bakawali 4
1,098 sqft · RM97 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM188,500

RM172 psf

Median transaction price

Taman Bakawali
© OpenStreetMap · CARTO

Taman Bakawali, 13300 Tasek Gelugor, Pulau Pinang, Malaysia

Maps

Taman Bakawali in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM189K and a median price per square foot (PSF) of RM172.

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 RM189K, with most transactions falling within a stable range of RM107K to RM270K, and a typical market range of RM164K to RM213K.

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

Price per square foot shows a median of RM172, though individual units vary from RM97 to RM246 in the core range. The broader market spans RM149.69 to RM193.69, indicating diverse property characteristics. A wider spread (IQR: RM44.00) and deviation (MAD: RM74) 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.