TAMAN BALIK PULAU

TAMAN BALIK PULAU in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 154K and a median price per square foot (PSF) of RM 247.

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 154K, with most transactions falling within a stable range of RM 134K to RM 168K, and a typical market range of RM 126K to RM 168K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 247, with core pricing between RM 214 and RM 279. Market pricing typically extends from RM 223.50 to RM 269.50, reflecting moderate variation in unit pricing. With an IQR of RM 46.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.