Area Intelligence

TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD

4 properties
Low-Cost Flat
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Median Price
RM 190,000
PSF: RM 290

Residential Market

Median Price

RM 190,000

IQR: RM 193
MAD: RM 100
RM 290 PSF 11.2%

PSF Trends (2021-2025)

TAMAN BALIK PULAU (FOKUS ESTATE SDN. BHD in Barat Daya, Penang recorded 4 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 190K and a median price per square foot (PSF) of RM 290.

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 190K, with most transactions falling within a stable range of RM 173K to RM 200K, and a typical market range of RM 160K to RM 200K.

Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 290, with most transactions between RM 264 and RM 315. The usual range is RM 193.00 to RM 386.00, showing that most units are priced quite close to each other. With an IQR of RM 193.00 and MAD of RM 25, 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 (FOKUS ESTATE SDN. BHD, Barat Daya, Penang

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Transactions

4 properties grouped by size

650 sqft
4 units Low-Cost Flat
RM 200,000
657 sqft · RM 305.00 PSF
Nov 2024
RM 200,000
657 sqft · RM 305.00 PSF
Nov 2024
RM 160,000
657 sqft · RM 244.00 PSF
Mar 2023
RM 180,000
657 sqft · RM 274.00 PSF
Mar 2023