Bandar Baru Teluk Kumbar
Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
Property Type
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Market Snapshot
ResidentialRM 232,500
RM 295 psfMedian transaction price
Bandar Baru Teluk Kumbar, Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
MapsBandar Baru Teluk Kumbar in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 233K and a median price per square foot (PSF) of RM 295.
This area contains both residential and commercial properties. View 57 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 233K, with most transactions falling within a stable range of RM 150K to RM 315K, and a typical market range of RM 150K to RM 315K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 295, with most transactions between RM 293 and RM 297. The usual range is RM 270.75 to RM 319.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.50 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.
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.