TAMAN BALIK PULAU

TAMAN BALIK PULAU in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 310.

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 250K, with most transactions falling within a stable range of RM 230K to RM 270K, and a typical market range of RM 207K to RM 294K.

Most transactions involved 1 - 1 1/2 sto, with moderate diversity in property types available.

The median PSF stands at RM 310, with core pricing between RM 278 and RM 342. Market pricing typically extends from RM 286.00 to RM 334.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 32, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.