Penang
Barat Daya
9
BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR

Area Intelligence

2023

Median Price

RM 335,000

PSF: RM 335

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 334

Commercial PSF Trends

Median Price

RM 830,000

RM 593 PSF

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 14 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 335.

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 335K, with most transactions falling within a stable range of RM 323K to RM 175K, and a typical market range of RM 225K to RM 175K.

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

For price per square foot, the median is RM 335, with most transactions between RM 311 and RM 359. The usual range is RM 309.63 to RM 360.38, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 24, 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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BANDAR BARU TELUK KUMBAR, Barat Daya, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

500 sqft

Low-Cost Flat

500 sqft

Low-Cost Flat

RM 145,000

Level 3

506 sqft · RM 287 PSF

Dec 2023

RM 170,000

Level G

506 sqft · RM 336 PSF

Jul 2023

RM 170,000

Level 4

506 sqft · RM 336 PSF

Jun 2023

RM 175,000

Level 3

506 sqft · RM 346 PSF

May 2023

RM 147,000

Level 4

506 sqft · RM 291 PSF

Apr 2023

RM 150,000

Level 4

506 sqft · RM 297 PSF

Apr 2023

Level 3	RM 145,000	RM 287	506 sqft	Dec 2023
Level G	RM 170,000	RM 336	506 sqft	Jul 2023
Level 4	RM 170,000	RM 336	506 sqft	Jun 2023
Level 3	RM 175,000	RM 346	506 sqft	May 2023
Level 4	RM 147,000	RM 291	506 sqft	Apr 2023
Level 4	RM 150,000	RM 297	506 sqft	Apr 2023