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PEKAN SUNGAI BAKAP

Seberang Perai Selatan, Pulau Pinang · Commercial · 6 recorded sales, Nov 2021 to May 2023

No sale recorded since May 20232 - 2 1/2 Storey Shop · 3Detached · 21 - 1 1/2 Storey Semi-Detached · 1
RM 190psf median, against main floor area · 6 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 167 – 226 psf
Median price
RM 440,000
Price range
RM 319k – RM 585k
Main floor area
1,106 – 2,627 sq ft
Land area
1,399 – 24,316 sq ft
Median price per sq ft of land
RM 167

Median of 6 sales that carry a usable area, out of 6 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 2,423 sq ft against 2,426. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to May 2023. Last on record: 29 May 2023.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20211 · RM 238 psf
20223 · RM 159 psf
20232 · RM 190 psf

Quarterly medians · not a price trend

1392223042021 Q4 — RM 238 psf, 1 sale2022 Q1 — RM 289 psf, 1 sale2022 Q3 — RM 155 psf, 2 sales2023 Q2 — RM 190 psf, 2 sales
2021 Q42023 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 6 priced sales

RM 153–162 psf — 2 salesRM 162–171 psf — 0 salesRM 171–181 psf — 0 salesRM 181–190 psf — 0 salesRM 190–199 psf — 2 salesRM 199–209 psf — 0 salesRM 209–218 psf — 0 salesRM 218–227 psf — 0 salesRM 227–237 psf — 0 salesRM 237–246 psf — 1 saleRM 246–255 psf — 0 salesRM 255–265 psf — 0 salesRM 265–274 psf — 0 salesRM 274–283 psf — 1 sale
RM 153RM 283 psf

Each bar counts sales in a RM 9 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 6 of 6

DateTypeArea (sq ft)PricepsfTenure
29 May 20232 - 2 1/2 Storey Shop2,627RM 500,000190Freehold
29 May 20232 - 2 1/2 Storey Shop2,627RM 500,000190Freehold
12 Sep 20221 - 1 1/2 Storey Semi-Detached2,173RM 330,000152Freehold
4 Jul 20222 - 2 1/2 Storey Shop2,390RM 380,000159Freehold
15 Jan 2022Detached1,106RM 319,123289Freehold
16 Nov 2021Detached2,462RM 585,000238Freehold

Others in Seberang Perai Selatan · commercial

TAMAN TANGLING INDAH
RM 304 psf · 12 sales · 4.8 km
TMN MERBAH
RM 379 psf · 5 sales · 5.3 km
BANDAR NIBONG TEBAL
RM 229 psf · 26 sales · 6.3 km
TAMAN NURI
RM 113 psf · 19 sales · 7.1 km
TMN FAJAR
RM 195 psf · 24 sales · 9 km
TAMAN SURIA
RM 173 psf · 5 sales · 9.5 km
VERVEA
RM 438 psf · 35 sales
VORTEX BUSINESS PARK
RM 461 psf · 20 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.