Taman Sungai Bakap Permai
Seberang Perai Selatan, Penang · Terraced house · Freehold
Homes in Taman Sungai Bakap Permai have sold for a median of
RM340,000
RM261 psf on the recorded floor area
Half of the 29 recorded sales fell between RM98,000 and RM400,000. One in ten went under RM64,000, one in ten over RM456,000. Sales run from 11 November 2021 to 12 January 2026.
Up 406% from a RM79,000 median in 2022 to RM400,000 in 2024.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What terraced house sell for across Penang, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as terraced house under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM310,000 | RM288 psf | 4 |
| 2022 | RM79,000 | RM131 psf | 6 |
| 2023 | RM400,000 | RM282 psf | 9 |
| 2024 | RM400,000 | RM286 psf | 7 |
| 2025 | RM103,000 | RM171 psf | 2 |
| 2026 | RM280,000 | RM400 psf | 1 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other terraced house schemes in Seberang Perai Selatan with enough recorded sales, cheapest first. By median sold price, Taman Sungai Bakap Permai sits 14 of 49 in that set.
7 cheaper schemes above
29 dearer schemes below
Against Penang
Across Penang, the median recorded sale for terraced house is RM409,600 (RM373 psf), from 3,162 sales. Taman Sungai Bakap Permai’s own median is RM340,000 — lower than that state median. Full Penang table.
Cash and monthly on the RM340,000 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM34,000
- Transfer duty (MOT): RM5,800
- Loan duty (0.5%): RM1,530
- Total cash: RM41,330
- Qualifying first home: RM34,000 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM1,355
- Total monthly: RM1,355
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Taman Sungai Bakap Permai sold for?
- A median of RM340,000 (RM261 psf), from 29 land-office transactions between 11 November 2021 and 12 January 2026.
- What is a typical band here?
- Half of recorded sales fell between RM98,000 and RM400,000. One in ten went under RM64,000; one in ten over RM456,000.
- Has the median moved?
- From RM79,000 in 2022 to RM400,000 in 2024 (+406%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.