Area Intelligence

KAMPONG NELAYAN-TELUK BAHANG

3 properties
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Median Price
RM 280,000
PSF: RM 95

Residential Market

Median Price

RM 280,000

IQR: RM 25
MAD: RM 13
RM 95 PSF 48.0%

PSF Trends (2021-2025)

KAMPONG NELAYAN-TELUK BAHANG in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 95.

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 280K, with most transactions falling within a stable range of RM 260K to RM 300K, and a typical market range of RM 230K to RM 300K.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 95, with core pricing between RM 82 and RM 108. Market pricing typically extends from RM 82.75 to RM 107.25, reflecting moderate variation in unit pricing. With an IQR of RM 24.50 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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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KAMPONG NELAYAN-TELUK BAHANG, Barat Daya, Penang

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Transactions

3 properties grouped by size

1,050 sqft
1 units Low-Cost House
RM 100,000
MEDAN NELAYAN 1
1,055 sqft · RM 95.00 PSF
Oct 2022
2,300 sqft
1 units Detached
RM 300,000
JALAN HASSAN ABBAS
2,289 sqft · RM 131.00 PSF
Sep 2023
3,400 sqft
1 units Detached
RM 280,000
LORONG NELAYAN 3
3,396 sqft · RM 82.00 PSF
Sep 2022