Penang
Barat Daya
6
TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD

TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD

Area Intelligence

2023

Median Price

RM 170,000

PSF: RM 259

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Residential PSF Trends

Median Price

RM 170,000

PSF: RM 259

TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 259.

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 170K, with most transactions falling within a stable range of RM 160K to RM 180K, and a typical market range of RM 160K to RM 180K.

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

For price per square foot, the median is RM 259, with most transactions between RM 244 and RM 274. The usual range is RM 162.50 to RM 355.50, showing that most units are priced quite close to each other. With an IQR of RM 193.00 and MAD of RM 15, 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.

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TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD, Barat Daya, Penang

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