Bandar Baru Teluk Kumbar
Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Tingkat Teluk Kumbar 2
|
RM 880,000
|
RM 348
|
2,530 sqft
|
|
2-Sty Shop |
|
Level 3
|
RM 155,000
|
RM 306
|
506 sqft
|
|
LC Flat |
|
Tingkat Tuluk Kumbar
|
RM 800,000
|
RM 315
|
2,540 sqft
|
|
2-Sty Shop |
|
Level 8
|
RM 330,000
|
RM 307
|
1,076 sqft
|
|
Flat |
|
Level 10
|
RM 380,000
|
RM 353
|
1,076 sqft
|
|
Flat |
|
Level 12
|
RM 360,000
|
RM 334
|
1,076 sqft
|
|
Flat |
|
Level 2
|
RM 150,000
|
RM 297
|
506 sqft
|
|
LC Flat |
|
Level G
|
RM 160,000
|
RM 316
|
506 sqft
|
|
LC Flat |
|
Level 5
|
RM 118,000
|
RM 233
|
506 sqft
|
|
LC Flat |
|
Level 2
|
RM 100,000
|
RM 198
|
506 sqft
|
|
LC Flat |
Auction Properties
1 auction properties in Bandar Baru Teluk Kumbar
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Market Snapshot
ResidentialRM 157,500
RM 306 psfMedian transaction price
Bandar Baru Teluk Kumbar, Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
MapsBandar Baru Teluk Kumbar in Barat Daya, Penang recorded 10 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 311.
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 245K, with most transactions falling within a stable range of RM 100K to RM 512K, and a typical market range of RM 136K to RM 354K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 311, with core pricing between RM 264 and RM 357. Market pricing typically extends from RM 286.50 to RM 335.00, reflecting moderate variation in unit pricing. The spread of RM 48.50 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.
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.