Penang
Barat Daya
9
BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR

Area Intelligence

2021

Median Price

RM 245,000

PSF: RM 312

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Residential PSF Trends

Median Price

RM 157,500

PSF: RM 307

Commercial PSF Trends

Median Price

RM 840,000

RM 601 PSF

BANDAR 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 312.

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 245K, with most transactions falling within a stable range of RM 222K to RM 160K, and a typical market range of RM 135K to RM 160K.

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

The median PSF stands at RM 312, with core pricing between RM 265 and RM 358. Market pricing typically extends from RM 286.13 to RM 336.88, reflecting moderate variation in unit pricing. With an IQR of RM 50.75 and MAD of RM 46, 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

5 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

500 sqft

Low-Cost Flat

500 sqft

Low-Cost Flat

RM 155,000

Level 3

506 sqft · RM 306 PSF

Dec 2021

RM 150,000

Level 2

506 sqft · RM 297 PSF

Oct 2021

RM 160,000

Level G

506 sqft · RM 316 PSF

Aug 2021

RM 118,000

Level 5

506 sqft · RM 233 PSF

Jun 2021

RM 100,000

Level 2

506 sqft · RM 198 PSF

Mar 2021

Level 3	RM 155,000	RM 306	506 sqft	Dec 2021
Level 2	RM 150,000	RM 297	506 sqft	Oct 2021
Level G	RM 160,000	RM 316	506 sqft	Aug 2021
Level 5	RM 118,000	RM 233	506 sqft	Jun 2021
Level 2	RM 100,000	RM 198	506 sqft	Mar 2021