Area Intelligence

TAMAN BALIK PULAU

11 properties
Low-Cost Flat
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Median Price
RM 168,000
PSF: RM 269

Residential Market

Median Price

RM 168,000

IQR: RM 46
MAD: RM 32
RM 269 PSF 1.9%

PSF Trends (2021-2025)

TAMAN BALIK PULAU in Barat Daya, Penang recorded 11 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 168K and a median price per square foot (PSF) of RM 269.

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 168K, with most transactions falling within a stable range of RM 149K to RM 187K, and a typical market range of RM 140K to RM 190K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 269, with core pricing between RM 239 and RM 299. Market pricing typically extends from RM 246.00 to RM 292.00, reflecting moderate variation in unit pricing. With an IQR of RM 46.00 and MAD of RM 30, 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.

Area Location

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TAMAN BALIK PULAU, Barat Daya, Penang

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Transactions

11 properties grouped by size

600 sqft
11 units (showing 6) Low-Cost Flat
RM 170,000
624 sqft · RM 272.00 PSF
Feb 2025
RM 170,000
624 sqft · RM 272.00 PSF
Nov 2024
RM 190,000
624 sqft · RM 304.00 PSF
Jan 2024
RM 168,000
624 sqft · RM 269.00 PSF
Nov 2023
RM 168,000
624 sqft · RM 269.00 PSF
Nov 2023
RM 140,000
624 sqft · RM 224.00 PSF
Sep 2023