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

TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD

Area Intelligence

2023

Median Price

RM 676,000

PSF: RM 483

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Residential PSF Trends

Median Price

RM 676,000

PSF: RM 483

TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 676K and a median price per square foot (PSF) of RM 483.

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 676K, with most transactions falling within a stable range of RM 600K to RM 752K, and a typical market range of RM 600K to RM 752K.

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

The median PSF stands at RM 483, with core pricing between RM 429 and RM 537. Market pricing typically extends from RM 386.50 to RM 579.50, reflecting moderate variation in unit pricing. With an IQR of RM 193.00 and MAD of RM 54, 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.

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

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