BANDAR BARU TELUK KUMBAR

Area Intelligence
2022
Median Price
RM 157,500
PSF: RM 302

Residential PSF Trends

Median Price

RM 155,000

PSF: RM 297

Commercial PSF Trends

Median Price

RM 820,000

RM 586 PSF

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 18 subsale transactions in 2022, with a median price of RM 158K and a median price per square foot (PSF) of RM 302.

This area contains both residential and commercial properties. View 55 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 158K, with most transactions falling within a stable range of RM 120K to RM 196K, and a typical market range of RM 120K to RM 268K.

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

For price per square foot, the median is RM 302, with most transactions between RM 272 and RM 331. The usual range is RM 276.13 to RM 326.88, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 30, 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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BANDAR BARU TELUK KUMBAR, Barat Daya, Penang

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Transactions

13 transactions found

RM 150,000
Level 4
506 sqft RM 297.00 PSF
RM 120,000
Level 1
506 sqft RM 237.00 PSF
RM 160,000
Level 2
506 sqft RM 316.00 PSF
RM 140,000
Level G
506 sqft RM 277.00 PSF
RM 120,000
Level 1
506 sqft RM 237.00 PSF
RM 140,000
Level 2
506 sqft RM 277.00 PSF
RM 150,000
Level 5
506 sqft RM 297.00 PSF
RM 165,000
Level 1
506 sqft RM 326.00 PSF
RM 155,000
Level 2
506 sqft RM 306.00 PSF
RM 150,000
Level 4
506 sqft RM 297.00 PSF
RM 150,000
Level 3
506 sqft RM 297.00 PSF
RM 170,000
Level 3
506 sqft RM 336.00 PSF
RM 280,000
Level 2
1,076 sqft RM 260.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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