Area Intelligence

TAMAN BALIK PULAU

7 properties
2022
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Median Price
RM 250,000
PSF: RM 310

Residential Market

Median Price

RM 250,000

IQR: RM 46
MAD: RM 32
RM 310 PSF 1.9%

PSF Trends (2021-2025)

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 150K to RM 483K, and a typical market range of RM 222K to RM 279K.

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

Price per square foot shows a median of RM 310, though individual units vary from RM 230 to RM 390 in the core range. The broader market spans RM 287.00 to RM 333.00, indicating diverse property characteristics. A wider spread (IQR: RM 46.00) and deviation (MAD: RM 80) indicate significant PSF variations, likely due to diverse property types or conditions.

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

7 properties grouped by size

600 sqft
3 units Low-Cost Flat
RM 185,000
624 sqft · RM 296.00 PSF
May 2022
RM 158,000
624 sqft · RM 253.00 PSF
Mar 2022
RM 150,000
624 sqft · RM 240.00 PSF
Feb 2022
800 sqft
2 units Condo/Apartment
RM 250,000
807 sqft · RM 310.00 PSF
Dec 2022
RM 270,000
807 sqft · RM 334.00 PSF
Apr 2022
1,550 sqft
2 units Double Storey Terraced
RM 710,000
HILIR SUNGAI PINANG
1,572 sqft · RM 452.00 PSF
Jun 2022
RM 710,000
HILIR SUNGAI PINANG
1,572 sqft · RM 452.00 PSF
Apr 2022