Kampong Nelayan-Teluk Bahang
1, Jalan Nelayan, Teluk Bahang, 11050 Tanjung Bungah, Pulau Pinang, Malaysia
1, Jalan Nelayan, Teluk Bahang, 11050 Tanjung Bungah, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Hassan Abbas
|
RM 300,000
|
RM 131
|
2,289 sqft
|
|
Bungalow |
| 2022 | |||||
|
Medan Nelayan 1
|
RM 100,000
|
RM 95
|
1,055 sqft
|
|
LC House |
|
Lorong Nelayan 3
|
RM 280,000
|
RM 82
|
3,396 sqft
|
|
Bungalow |
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1, Jalan Nelayan, Teluk Bahang, 11050 Tanjung Bungah, Pulau Pinang, Malaysia
MapsKampong Nelayan-Teluk Bahang in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, priced up to RM 300K, 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 190K 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.
Price per square foot shows a median of RM 95, though individual units vary from RM 74 to RM 115 in the core range. The broader market spans RM 82.55 to RM 107.05, indicating diverse property characteristics. The spread of RM 24.50 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.
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.