Penang
Barat Daya
9
BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR

Area Intelligence

2021

Median Price

RM 840,000

PSF: RM 331

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Residential PSF Trends

Median Price

RM 180,000

PSF: RM 307

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 2 subsale transactions in 2021, priced between RM 750K and RM 2.00 million, with a median price of RM 840K and a median price per square foot (PSF) of RM 331.

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 840K, with most transactions falling within a stable range of RM 800K to RM 880K, and a typical market range of RM 800K to RM 880K.

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

For price per square foot, the median is RM 331, with most transactions between RM 315 and RM 348. The usual range is RM 306.04 to RM 356.79, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU TELUK KUMBAR, Barat Daya, Penang

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